1:03 Reconstitution of. Partnership 20:09 Calculation of Goodwill (AVERAGE PROFIT METHOD) 47:19 IMP Q/ANS---‐》 PART 1 56:10 Weighted Average Profit 1:18:04 (Super Profit Method) 1:32:36 (Capitalisation Method) 1:43:45 Accounting Treatment of Goodwill (Change in PSR CASE) 1:53:40 Accounting Treatment of Goodwill ( Reserves and Accumulated profit and loss) 2:00:42 Workmen Conpensation Reserve 2:06:35 [IFR] INVESTMENT FLUCTUATION RESERVE 2:12:42 General Treatment 2:20:40 Revaluation of assets and liabilities 2:24:29 IMP Q/ANS----》 PART 2 2:39:56 When Assets and liabilities are not to be recorded at Altered value or revised value 2:44:31 IMP Q/ANS----》 PART 3 2:56:30 THE END THANKS ME LATER HOPEFULLY IT WILL HELP BETTER FOR UPCOMING STUDENTS 😅
Thanks sir for your support ❤️✨ your hardwork is become a strength of thousands students ❤️ 🔥 . May this year all students get 70+ in accounts..🙂 because of only on Rajat sir ✨ .......sir is not well but they work hard for students it is a symptoms of a "GOOD TEACHER "😅❤️
Jab tution mein rho aur doubts pucho to bahut daant parti hai jiske kaaran mere doubts hi clear nhi ho paate the . Lekin Rajat sir ki videos to amazing and fabulous hai jitni baar dekho utna faadu base bn jata hai
Sirr new session 23 - 24 meine khatam kr diya aapki in recorded video ko dekh kr . Sir fully doubt clear ho rhee he aapki in one shot ko dekh kr thanks you so much sir hamaree liye itti mehnat krne ke liye ❤❤
Can't thank you enough sir for this one shot revision!!! This literally helped me revise all the concepts(some which were not clear as well) and I was able to solve the questions with ease. Your way of teaching us is remarkable.😄😄
Reserves are to be retained or not to be distributed ( single adjustment entry) 2:16:00 2:40:00 Revused value of A AND L not to be recorded Revaluation ac... 2:20:45
L, M and N are partners sharing profits and losses equally. They agree to admit D for equal share. For this purpose, value of goodwill is to be calculated on the basis of four years' Purchase of average profits of last five year. These profits were Year Amt 2013 60,000 (profit) 2014 1,40,000 (Profit) 2015 2,00,000 (Profit) 2016 2,80,000(Profit) 2017 2,40,000 (Loss) On 1st January, 2015, a moped costing 40,000 was purchased and debited to travelling expenses account, on which depreciation is to be charged @ 25%.Calculate the value of goodwill after adjusting the above. Sir ye question krwa dijiye Sir
answer would be Rs. 376,000. See: First four year profits as it is ayenge, last year me loss he.. Aur ek mistake bhi.. Jab bhi ham koi asset khareedte he to asset ki value Profit and Loss account me nhi jaati sirf depreciation jata hai. to asset ki value galat gyi, to add back kar denge aur depreciation jana chaiye tha nhi gya, to minus kr denge.. (Plus because Profit me addback hoga qki pehle profit kam kr diya tha, Less isliye qki profit utne se actual kam krna tha) to Last year ka Net loss ese ayega -2,40,000+40,000(Asset Value)-10,000(Depreciation = 40,000 *25%) = -210,000. Total profit for 5 years = 470,000. Divide by 5 = 94,000; 4 Year purchase = 94,000 X 4 = 376,000/-. I Hope this helps!
As per questions depreciation of 3 months was taken in year 2015 and rest of the years taken for whole year which is subtracted and the value 40000 is to be added in the year 2015 so the new profits and losses are 60000,140000,237500,270000,(250000) and total is 457500/5 =91500 Goodwill=91500*4=366000 I hope you can understand 🤞
Goodwill= SP * no of years purchase 100000= SP* 4 SP= 100000*4=25000 AP-NP = 25000 80000-NP=25000 80000-25000=55000 Capital Employed*BRR/100 Capital Employed* 10 /100=55000 Capital Employed = 55000*10=550000
Sir man saari chizen bhool gya tha aur sunil sir bhi short me samjha rahe the lekin aap ne detail me samjhaya to saari chizen samajh aa gyi Sir aapke liye lots of thank yous 😢❤❤❤❤❤❤❤❤❤❤
SIR, CAPITAL EMPLOYED= TOTAL ASSETS -- CURRENT LIABILITIES NOT ASSETS --- LIABILITIES ALSO, THANK YOU FOR TEACHING US SO PEACEFULLY AND GENTLY WHICH WILL HELP US SCORE 75+/80 IN BOARD EXAMS EASILY. THANK YOU ONCE AGAIN
Sir please make a video on answer sheet format for this session... We have lots of confusion regarding this and our school teachers inform us nothing about the format....
heyy do reconsider aiming for becoming a CA because it is predicted that CA is a dying field as software's are taking over,where a firm needed 25 CAs now only need 5 just be sure good luck!
M college student hu aur m apne school time se sir ki videos se padhti aa rhi hu aur aaj bhi rajat sir ki videos mere bohot kaam aati h.... Jb bhi mujhe quick revision krna hota h exam se ek din pehle then m tnsn free hoke rajat sir ki vdo dekh leti hu aur apna exam de deti hu 😊😊😊😊thankuu so much sir.... Aap bohot achhha padhate ho❣️
Thank you so much sir for ur efforts... Thank you for guiding us... I am scared about my acc exam.. But by seeing your videos I am now confident that i scoree good marks in my exam... Nd give my best.... You are bestest teacher sir ... 🧿🥺💟...
Sir hmari answer sheet ke bare mai btado kch agr information ho toh like journal bna hua aayga kaise aayga toh ham jaise 6 mark se shuru krege toh fir dikkat aayigi yeh information pr daldo sir ek video 🙏
Sir you are my all time favorite ♥️ teacher thanks for your help and support 🙏 i never got a teacher like you 💜🙏🙏🙏..... i will work hard and pass in these boards 💪
Kon kon h jiska exam thode hi din me shuru h??? Or ajj video dekh rha h vse to English h but during paper acc nhi phda jata thode hi din h on 22 our first exam then😢
Thank you so much sir for your superb videos and your efforts are really appreciable ......thank you so much sir....but I have a doubt plzz solve it .....sir in sample paper there is a choice between share forfeit ques with prorata and forfeit with reissue ques ....can I leave the topic of prorata because it's is quite difficult for me .....but I don't want to lose marks not even 1 mark .....plzz sir give response to this doubt ....and again thankyou so much @ Rajat Arora 🙏🙏
In pre board 2, i also thought the same and i left pro rata. I was confident that there will be option but when i got the paper and saw that i found that there was no option😭.. and i lost my 6 marks which stopped me from getting 80 marks..... So, we never know that what is gonna happen... And these are boards so we cannot take any risk... So I would recommend you to not to leave any of the topics thinking that there will be an option....
Hi sir, could you please make a video on how to use the answer sheet for boards this year? its very confusing. Also thank you so for the videos you upload sir🙏🙏🙏🙏🙏
1:03 Reconstitution of. Partnership
20:09 Calculation of Goodwill (AVERAGE PROFIT METHOD)
47:19 IMP Q/ANS---‐》 PART 1
56:10 Weighted Average Profit
1:18:04 (Super Profit Method)
1:32:36 (Capitalisation Method)
1:43:45 Accounting Treatment of Goodwill (Change in PSR CASE)
1:53:40 Accounting Treatment of Goodwill ( Reserves and Accumulated profit and loss)
2:00:42 Workmen Conpensation Reserve
2:06:35 [IFR] INVESTMENT FLUCTUATION RESERVE
2:12:42 General Treatment
2:20:40 Revaluation of assets and liabilities
2:24:29 IMP Q/ANS----》 PART 2
2:39:56 When Assets and liabilities are not to be recorded at Altered value or revised value
2:44:31 IMP Q/ANS----》 PART 3
2:56:30 THE END
THANKS ME LATER HOPEFULLY IT WILL HELP BETTER FOR UPCOMING STUDENTS 😅
Thnxxx brother ❤😂😅
bro ya 2025 exam ma sab ayega na
kuch deleted to nhi ha na video m a
@@RahulSingh-lt1gy yes bro kuch deleted nahi hai
Thx brother
Thanks 😊😊😊😊
Hope everyone get 95 percent in 12 board🎉
Mere toh nai ayenge😅
Bhai koi 98 vala hua toh 😂😂
Baaki k 5 percent tu laayega ?
Hope karne se nahi aayege mehnat karne padege bhai ❤
@justaguy619 it is someone's believe if you trust and study you can achieve 95 % 😊
We never found teacher like rajat arora in our whole life! Dil sa 💚 Thank you sir we miss you 😌
Sahi baat
Anyone here 2024-2025 batch😢😢😢
Yes
Yesss
Bhai 5din baad half yearly 😢😢😢
Kal Half yearly 😫
@@Anime_Moonmera 16 sep ko hai, and aapka exam kaisa Gaya?
2023-2024 batch best of luck for their exam dated 23 march 2024 ❤ hit the study
Thanks
Hi dear can u tell me that agr ous mein depreciation method nh btaya ho to kis method se krna ha?
@@SimranKaur96crori straight line method
@@Simranpreetkaur424 thnku🌸✨️
Any 2024 candidate?😢
Ud bro us😭😂
Bhai prso exam h... Abi tk syllabus b ni hua pura mera toh... 😂😂😂😂
@@pushkarnanda3574 same yr 🥺😂
@@pushkarnanda3574 same yr 🥺😂
Yes I am 😂
Thanks sir for your support ❤️✨ your hardwork is become a strength of thousands students ❤️ 🔥 . May this year all students get 70+ in accounts..🙂 because of only on Rajat sir ✨ .......sir is not well but they work hard for students it is a symptoms of a "GOOD TEACHER "😅❤️
Gxngdbdgn
Hello
Hello
😂😂😂😂😂😂😂😂😂😂😂😂
I usually don't watch this much long duration videos, but it's was YOURS toh ek ek chiz dekhi hai full video ... No skips❤
Jab tution mein rho aur doubts pucho to bahut daant parti hai jiske kaaran mere doubts hi clear nhi ho paate the . Lekin Rajat sir ki videos to amazing and fabulous hai jitni baar dekho utna faadu base bn jata hai
Yes! You are Right :) 😍🤭😎
Reall
Sunil sir and Rajat sir is best teacher for commerce students ❤🙏
Sunil panda and rajat sir was best ❤
@@jyotidudeja4922not was❌
Sir you are doing very much for us
We are very lucky to have a teacher like you
❤❤
Sirr new session 23 - 24 meine khatam kr diya aapki in recorded video ko dekh kr . Sir fully doubt clear ho rhee he aapki in one shot ko dekh kr thanks you so much sir hamaree liye itti mehnat krne ke liye ❤❤
PSR start 1:44:05
Anyone 2024 batches
Yes
Yes
2:45:00 question of
adjustment entry of assets and liabilities
Thanks sir apki ye video ne 12boards me bhi bhot help ki or ab bba 1st year me bhi ❤😍☺️
And hatts off for your Hard work ❤
1:53:53 accounting treatment for reserves
25:18 Setting h Sir Kii 😂🔥💕
🤣🤣🤣🤣
😂😂
2:16:16 - right sir
Sir ap Jo eh chintu chinti ki example dete hai es example se jaldi samaj aaya hai
🙌
Sir hum apke students hai screenshot nhi lete notes bnate h 😅
Can't thank you enough sir for this one shot revision!!! This literally helped me revise all the concepts(some which were not clear as well) and I was able to solve the questions with ease. Your way of teaching us is remarkable.😄😄
Sir ye 1:16:00 se jab apne 40000 2018 me kyu dala wo toh 1jan 2018 ka hai na wo toh 2017 me Jana chaiye please sir tell
The best teacher always teach from heart thank you commerce king for all that you do 💜💜💜💜💜💜
U know about secs
Reserves are to be retained or not to be distributed ( single adjustment entry) 2:16:00
2:40:00
Revused value of A AND L not to be recorded
Revaluation ac... 2:20:45
L, M and N are partners sharing profits and losses equally. They agree to admit D
for equal share. For this purpose, value of goodwill is to be calculated on the basis
of four years' Purchase of average profits of last five year. These profits were
Year Amt
2013 60,000 (profit)
2014 1,40,000 (Profit)
2015 2,00,000 (Profit)
2016 2,80,000(Profit)
2017 2,40,000 (Loss)
On 1st January, 2015, a moped costing 40,000 was purchased and debited to
travelling expenses account, on which depreciation is to be charged @ 25%.Calculate the value of goodwill after adjusting the above.
Sir ye question krwa dijiye
Sir
I think the ans of this question is goodwill= Rs. 377,600
mera to 366,000 aa rha hai
answer would be Rs. 376,000.
See: First four year profits as it is ayenge, last year me loss he.. Aur ek mistake bhi.. Jab bhi ham koi asset khareedte he to asset ki value Profit and Loss account me nhi jaati sirf depreciation jata hai. to asset ki value galat gyi, to add back kar denge aur depreciation jana chaiye tha nhi gya, to minus kr denge.. (Plus because Profit me addback hoga qki pehle profit kam kr diya tha, Less isliye qki profit utne se actual kam krna tha) to Last year ka Net loss ese ayega -2,40,000+40,000(Asset Value)-10,000(Depreciation = 40,000 *25%) = -210,000. Total profit for 5 years = 470,000. Divide by 5 = 94,000; 4 Year purchase = 94,000 X 4 = 376,000/-. I Hope this helps!
@@ashadsaifi1 I think answer is 366000 is absolutely correct
As per questions depreciation of 3 months was taken in year 2015 and rest of the years taken for whole year which is subtracted and the value 40000 is to be added in the year 2015 so the new profits and losses are 60000,140000,237500,270000,(250000) and total is 457500/5 =91500
Goodwill=91500*4=366000
I hope you can understand 🤞
Hme class teacher ki smaj ni laghti but aap ki vaje se exam bhut ache ho jate hai because u are very gud teaching and understanding ❤❤❤
Chalo bhai accounts ka syllabus shuru krte hai 👍
Goodwill= SP * no of years purchase
100000= SP* 4
SP= 100000*4=25000
AP-NP = 25000
80000-NP=25000
80000-25000=55000
Capital Employed*BRR/100
Capital Employed* 10 /100=55000
Capital Employed = 55000*10=550000
Sir at 1:50:19 why does the answer vary for gaining and sacrificing partners if I calculate the goodwill with ratio and fraction?
Bhai apka 16,666.
To 16666. Kuch ara hoga
Thank you so much sir ❤️❤️ We all are great full to have a teacher like you 😊
Sir man saari chizen bhool gya tha aur sunil sir bhi short me samjha rahe the lekin aap ne detail me samjhaya to saari chizen samajh aa gyi
Sir aapke liye lots of thank yous 😢❤❤❤❤❤❤❤❤❤❤
Chinti likes chintu
But bunti likes chinti🥲❤️
Love triangle lol
Sbko exam se ek din pehle h yaad aati h apki 😂❤❤❤❤ thank you sir
Thank you sir❤❤❤❤
SIR, CAPITAL EMPLOYED= TOTAL ASSETS -- CURRENT LIABILITIES
NOT ASSETS --- LIABILITIES
ALSO, THANK YOU FOR TEACHING US SO PEACEFULLY AND GENTLY WHICH WILL HELP US SCORE 75+/80 IN BOARD EXAMS EASILY.
THANK YOU ONCE AGAIN
Sir please make a video on answer sheet format for this session...
We have lots of confusion regarding this and our school teachers inform us nothing about the format....
20:10. Goodwill
Thankuso much sir for your help we really appreciate you effort and concerned towards us once again thanku so much.......
52:50 Sir, why did you invest your 2017 expenses in 2018?
Thank u so much sir for all the efforts u r doing for us🙏💯❤️
You are best sir 💫✨❣️
😲
Abhi kon sa topic study kar rahi ho
Me to PSR OR ADMISSION 3/4 baje Tak padhu ga aaj
Maan ho to reply de dena
🤣🤣🤣🤣
Literally... Awesome to study...sir aaise he Easy way Mai padhai... Padhne Mai maza aata hai ...
Sir can plz tell which methods is more important from exam point of view in goodwill??
2:25:15 comprehensive question
All doubt clear in one shot❤
Watch video at 2:19:31 sorry it's just a fun 😂
Bahut dar lag raha hai ki fail nhi ho jau account me 😢
Haa😭😭😭
Thank you sir...
Accounts hi baaki h ab aur vo bhi Aapke asshirwaad se acha jayaega❤️❤️❤️💪💪😄😄😄
2023-24 batch❤
So, yt pe education ke hisab se sabse achi goodwill apki hai ❤
Helo sir i pass 10th so i chose comers and goal for C.A🤗 u are really super teacher
Spelling to shi karle! Baad me CA ki sochiyo!
@@Noone91875 bhai usko demotivate mat kar yaar
@@riteshyadav9173 are yaar! Kya bhai! Sach to bola mene .
Thoda reality check bhi to shi h!
heyy do reconsider aiming for becoming a CA because it is predicted that CA is a dying field as software's are taking over,where a firm needed 25 CAs now only need 5
just be sure
good luck!
Maine bhi comers li h 😂
Saare exams aapki help se bht ache gaye 😊💗 Bs ab accounts acha Jaye 🥹🤞🤞❤️🙏
Ek din pehle nhi 2 din pehle dekh rhe he😂
Sir apke liye ek 👍
To Banta hai
Because you are commerce guru 💥💥
And hum sab student ke favourite sir ho kyu guys kya bolti hai public 😎
Thankuu so much sir because of ur video I scored 96 marks in my economics exams (class11)
Exam ke baad hi sukoon milyga abhi toh nseeb nhi hai☺☺🥀.....gbu all🙏
First comment akhir pehli baar kr hi diya 😂😅
M college student hu aur m apne school time se sir ki videos se padhti aa rhi hu aur aaj bhi rajat sir ki videos mere bohot kaam aati h.... Jb bhi mujhe quick revision krna hota h exam se ek din pehle then m tnsn free hoke rajat sir ki vdo dekh leti hu aur apna exam de deti hu 😊😊😊😊thankuu so much sir.... Aap bohot achhha padhate ho❣️
Acchaaaa
Tm bi acchi ho
Good teacher of commerce 😍
btw aapne video ke beech mein hair cut kara liya 😂😂😂😂😂😂
56:55 tak dekh liya aage continue break ke baad hoga
2:08:56 par dono partners mei 15000 15000 distribute hoga, 10000 nahi
Pagal Ho Raha hai kya tu unki ratio equal thi😂
Kya Gunda Banega re tu
Sir pure saal me jo nahi padh paata woh maine 3 din me nipta diya pura ac ka course...2023-24 examination makkhaan ho sir😂
Kaise bhai meko vi bta do kaise kiya maine ab tk kuch ni pdha khasker accounts
@@nishabhardwaj1445 bro one shot videos dekho...then book ke illustrations solve Karo...aur abhi to retirement chal raha hai dheere dheere cover karlo
Marks?
7 hours before 😅 giving exam (study )
Same bhai
Aabhi kon kon acc kar rha ha 5 din kasey chale gye pta nhi chale 🥲
Same sis 😂😂 Mai to ye sochri Mai kitti velli hun
🤝🏼😂
😂
Insta I,d btaiye
Ayush hu m
U r the bestest teacher in the world sir 🥰🥰
Thank you so much sir for being a inspiration for us ❣️💓💕
❤
Thank you so much sir for ur efforts... Thank you for guiding us... I am scared about my acc exam.. But by seeing your videos I am now confident that i scoree good marks in my exam... Nd give my best.... You are bestest teacher sir ... 🧿🥺💟...
2:16:15 ha bilkul hota he
Thx Of this series ❤❤ I was soo scared😅 of my accounts exam
Best explanation with real life examples, nothing but chintu and chintu were constant 😅
Thankyou sir for your videos helping the 2023-24 batch also 👍🏽
Are you dense?
Sir hmare half yearly exam khatam ho Gaye hai so please upload a video for coming days for complete syllabus 🙏🙏
Sir, please upload a video of major head and sub-head (Financial Statements of a Company) from exam point of view. It would be really helpful.
Yes sir plzzzzzzzzzzzzzzzzzz
1:24:48 land building ☠️
☠☠☠
Thanku very much sir for explaining these topics 😘😘, the way in which u are explaining is superb 🔥🔥
Thank you sir i watched video for completing my back lock , it help me a lot :)
Sir hmari answer sheet ke bare mai btado kch agr information ho toh like journal bna hua aayga kaise aayga toh ham jaise 6 mark se shuru krege toh fir dikkat aayigi yeh information pr daldo sir ek video 🙏
Sir you are my all time favorite ♥️ teacher thanks for your help and support 🙏 i never got a teacher like you 💜🙏🙏🙏..... i will work hard and pass in these boards 💪
1:12:00 this is a pretty hard adjustment table
2024 -2025 batch here ..😅
Hmm😊
2:51:40 decrease in creditor
Kaun kaun kl ke exam k liye video dekh raha h ek din pahle
Teri maa ki ---- dekh rhi h
Mera kal hai😁
Mai 12:30 pre dekh rahi hu aur aaj Mera paper hai 😂
Tum jese students hi toppers hote hai
✋
Mere school Jane ka koi fayda nii 😂 sabh to yahi padh raha hu (fees bhi waste ho gai) 🥲
Sir please post video for (missing values on capital A/c)
Very nice video sir ..thankyou g❤️❤️
Very helpful videoss!!❤❤
Kon kon h jiska exam thode hi din me shuru h??? Or ajj video dekh rha h vse to English h but during paper acc nhi phda jata thode hi din h on 22 our first exam then😢
Finally it's also completed...😌
Thank you so much sir 💖
56:09 weighted average method
Important topic plz otherwise iam gonna fail in accounts😢❤
Bhag
Sunil panda ki last day wali video dekhlo bro, it will help u
Konsa board h bro tumhara
CBSE
@@JadenOfficial10 fir pass ho jaoge tention nahi lene ka
2:31:52 sir i think if we divide 3,00,000 by 6 its answer 2,00,000 but you're written 50,000 how? Please clear my doubt sir 🙏🙏
Just use calculator....u are doing wrong calculation
300000÷6=50000
Thank you so much sir for your superb videos and your efforts are really appreciable ......thank you so much sir....but I have a doubt plzz solve it .....sir in sample paper there is a choice between share forfeit ques with prorata and forfeit with reissue ques ....can I leave the topic of prorata because it's is quite difficult for me .....but I don't want to lose marks not even 1 mark .....plzz sir give response to this doubt ....and again thankyou so much @ Rajat Arora 🙏🙏
In pre board 2, i also thought the same and i left pro rata. I was confident that there will be option but when i got the paper and saw that i found that there was no option😭.. and i lost my 6 marks which stopped me from getting 80 marks..... So, we never know that what is gonna happen... And these are boards so we cannot take any risk... So I would recommend you to not to leave any of the topics thinking that there will be an option....
Sir thanks with your I get 92 marks in accountancy
Sir ONE SHOT + IMPORTANT QUESTION is sufficient for board exam 😢❤🙏
Thank you for your efforts sir ❤🙏
apni capacity ke hisaab se practice kro
1:33:00 capital method
Sir PYQ ki pdf bhi upload kr dijiye plz
Thanks sir apki vajah se ab accounts ke exam Mai Darr nhi lag rha 💕
You are GOD sir ‼️🥺
Thank you so much sir i was very confused in this.. Topic.. But.. Now I will not🥰🙇♀️thank you once again sir.. ❣️
Hi sir, could you please make a video on how to use the answer sheet for boards this year? its very confusing. Also thank you so for the videos you upload sir🙏🙏🙏🙏🙏
U are best teacher of commerce ❤❤
Thankyou so much sir🙌 I am doing a professional course and this video is really helpful to clear my basics👏😊
Thank you so much sir ji 😊🙏💯😎👍😃😘🙂