Class 11 & 12 Accountancy - Introduction To Partnership Firm Video by Let\'s Tute

The accounting for a "Partnership" is essentially the same as is used for a sole proprietorship, except for a fact that there are more owners. This video on Partnership Accounting explains the following concepts:

1) Basics of Partnership

2) Adjustments in Capital Accounts

3) Presentation of Profit & Loss Accounts

4) Methods of Capital Accounts.