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partnership accounts | Interest on capital | complete concept
📚 Class 12 | Partnership Accounts | Interest on Capital 📚
Welcome to our comprehensive Class 12 Accountancy video! In this session, we break down the concept of Interest on Capital in Partnership Accounts, a crucial topic for board exams and competitive exams.
🎯 What You'll Learn:
✔️ Meaning of Interest on Capital
✔️ Importance in Partnership Firms
✔️ Calculation with Step-by-Step Examples
✔️ Journal Entries and Practical Applications
✔️ Adjustments in Profit and Loss Appropriation
This video is perfect for Class 12 students aiming to ace their Accountancy exams with clarity and confidence. Don’t forget to take notes and practice the examples!
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