1:36:40 but sir if we assume that the policy is surrendered then the bank balance would increased to 20000 and the partners have to bring 20000 less. so don't you think, surrendering the policy instead of maintain it, is the right approach? How can we maintain the balance of jlp as an asset in the B/s even after retirement of a partner, isn't it counter intuitive?
pehali baar itna aache se samjh aya hai superb explanation sir 💗🥹🤌 mujhe yo lagta hai mere schl ke teachers ko kuch ata hi nhi but thank you so much sir 🫶💌
Sir, illustration 10 mein average profit book mein weightage method se kiya hain par humko kaise pata chalega konsi method se karna hain? Yeha pe ek trend follow hua profit haar saal increase ho raha hain isiliya weightage method se kiya may be but PQ 2 mein bhi profit increase ho raha hain but average profit method se kiya, to konsi method se karu sir?
Sir i have a doubt Agar hum goodwill ke valuation kar rahe hai aur agar usme Joint life policy ka adjustment hai ke Inn profits me humne joint life policy premium pay kiya hai tho kya goodwill ke valuation me profit me se premium ko minus karenge???
Illustration 9 1:20:25 the question is changed in new syllabus books..... They have omitted the line "they choose to not show the increase in assets and liabilities" but the solution is the same😮 is it correct sir????⁉️
Hello sir agr hme jaise goodwill nikal ne ko bol rakhi admission ya retirement wale q mei toh hm konsa method lgaye simple average ya weighted average wala kyoki book he bhut jgh alag alag de rakha h Agr hme weights bhi nhi de rakhe ho
Sir in llustration 9 in my module It isn't written that B and C didn't prefer to show such increase in the balance sheet But the entries are same 😢 I was so confused and tensed that what i missed now it's really annoying that icai do another mistake 😕😓
Nahi hoga prudence concept kehta h kii agar koi probable income ya gain h like jiske baare me tum certain nhi ho ki milega ya nhi usko record nhi krna h but yaha pe joh surrendar value ko asset treat kr rhe h woh certain income h kii agar partners ne surrendar kiya policy ko toh usko yeh sure h kii utna amount receive ho jayega
1:35:23 can anyone please clear this doubt that why sir has directly adjusted the goodwill in the form of gaining to sacrificing partners. In question it was said to raise goodwill. Shouldn't it be goodwill ac dr to all partners capital ac including retiring partner .
Inherited or self generated goodwill is never shown in balance sheet, only purchased goodwill is shown as an asset. Here the meaning of 'goodwill was raised for 100000 'is "goodwill is valued at 100000". The goodwill is only valued here, not shown as asset in the balance sheet.
sir ek doubt tha illustration 9 me apne bola ki agar revaluation nai bana ho to revaluation ka profit gaining To sacrificing me distribute kar de ge to sir agar loss ho revelation pe to bhi same karge kya?
Bahi isse simple tarika bhi hai phele agar profit( old ratio ) diya hua hai to profit baat do capital account m and uska reverse loss ( new ratio ) bhi capital account m baat do
Surrender value as per 31 dec is given in the ques and surrender value hmesha year end pr hi hoti h... That's why it is clearly indicated that year end 31 dec hi h
Sir i have a doubt in illustration 9, we have revalued assets and joint life policy but sir we dont distribute surrender value in 2nd method so how can we distribute profits in Increase of JLP
The increase of 5000 is not at all recorded in balance sheet...that means it is not treated as asset... therefore it is a gain and hence distributed along with profits..
You are the best teacher for accounts on yt
🙏❤️
The way you explained everything sir, it made me realised that i wasnt dumb, my teacher just didnt know how to explain.💗
No one is dumb, its about the efforts.
@@cahardikmanchanda and the efforts pay off when they're mutual.
Thankyou so much sir for all your efforts for us🥺💗
Ya topic ma mera Bhaut confusion tha but ab full clear ha thank you sir
That's great, i am glad it helped🙏😇
This called teacher
App bas aesa hi padhate rahiye
Hamari dua apke sath hain❤
🙏❤️
Best teacher for accounts❤
Main ye video 4 baar dekh chuka hu lekin jab bhi retirement krta hu to ye policy wala topic bhul jaate hu😢😢😢
😂bhai exam se phele din bhi dekh leo
@@SigmaPlayzzYT 😂😂😂😂😂
Same bro
same bro
@@SigmaPlayzzYT Bhai Aaj phir dekhne aaya hu ye video😢😢😢....
Pura concept smj agya sir
Glad to know🙏🏻😇
i am seeing sir's video sir takes ur name in examples i just wanted to know did u pass ur ca foundation ??
@@riazahamed3476ye kya puch rhe ho dost of course behen clear toh ki hi hogi na agar 6 months lagatar padhi h toh
@@naruto7034 did u clear?
Sir finally ek ques m atkk gya tha aur dusre youtube channels prr kuch alg hi chl rha h.... Thnk u so much sir😍🌹🌹
Thank you so much sir aapke wajah se mera Sara retairment concept clear ho gya
Fully understood J.L.P. ACCOUNT ❤
🙏❤️
In new book illustration 9 question in books is different as it says nothing about to not to show increasing value of assets in balance sheet
Han
Kya kiya fhir
@@Armaan_17_ memorandum revaluation nhi karana bas baaki normal treatment kardo
@@EpicBlendShow assumption leke memo bhi krdiya
Thank you so much sir Pure concepts clear ho gaye
your teaching style is just Amazing🤩
And Also your voice and language is Also clear👏👌👌
Thank you so much Krutika :) I am glad it helped🙏😇
1:19:48 illustration 9
Thank you sir 🙏, i got quite confused as to why JLP in illustration 8 was treated as asset account. But you cleared my doubt. God bless you sir 🙏
Congratulations sir for 70 k
I was waiting for it
Thank you so much🙏❤️
Yrrr yeee easy tha🎉 .....ya ye bolu aapke karan easy ho gya💪💖 ..... thankyou so much sir ✨🌼❤️☺️
What a explanation sir 😮 everything is crystal clear 😊 with full conceptually
Dhanyawad sir ji 🙏🙏
@1:03:10 sir jb JLP assets treat krenge to uska effect balance sheet hoga kya ??
thank you so much sir❤ yeh topic mein boht confusion tha. but ab bilkul clear ho gya.. all thanks to you sir❤❤
Conceptual understanding ❤️✨
1:36:40 but sir if we assume that the policy is surrendered then the bank balance would increased to 20000 and the partners have to bring 20000 less. so don't you think, surrendering the policy instead of maintain it, is the right approach? How can we maintain the balance of jlp as an asset in the B/s even after retirement of a partner, isn't it counter intuitive?
pehali baar itna aache se samjh aya hai superb explanation sir 💗🥹🤌 mujhe yo lagta hai mere schl ke teachers ko kuch ata hi nhi but thank you so much sir 🫶💌
Sir...past year theory questions krva do..plz.
Dhasu smj aa gaya sir
1:53:24,,sir ne apni important call kaat di apne logo ke liee😊😊
Are sir ye Concept (JLP) itna easy tha...
Thnks uh very much sir ❤
1:29:39 In new books illustration 9 became quite easy.
you are the best sir for economic and account
Sir kch strategy btadijye approach to prepare or revise for dec 23
sir, could you upload death of partner to this playlist also
Sir death of patner playlist mai hai hi nahi
Sir i have a doubt in question 11 plz tell me that why did they use the ratio 3:2 as 2:3 as per module
You are one who clear my all the concepts😂
Sir isme jlp ko retirement k time pr partners m nhi batenge ky
Sir, illustration 10 mein average profit book mein weightage method se kiya hain par humko kaise pata chalega konsi method se karna hain? Yeha pe ek trend follow hua profit haar saal increase ho raha hain isiliya weightage method se kiya may be but PQ 2 mein bhi profit increase ho raha hain but average profit method se kiya, to konsi method se karu sir?
Thanku sir 😊 ...loved your efforts
Sir i have a doubt
Agar hum goodwill ke valuation kar rahe hai aur agar usme Joint life policy ka adjustment hai ke
Inn profits me humne joint life policy premium pay kiya hai tho kya goodwill ke valuation me profit me se premium ko minus karenge???
Thank you so much sir for a great explaining u r so great thank you ❤❤
Great techer , i have no words to appreciate ur Hard work ❤
superb explanation , thank you so much sir ❤❤
Thank you sir🥰
Illustration 9 1:20:25 the question is changed in new syllabus books..... They have omitted the line "they choose to not show the increase in assets and liabilities" but the solution is the same😮 is it correct sir????⁉️
@@gv_gamers yes you are correct I also noticed the same whole solving it
In last line they have twisted it as "give the effect in capital account of partner"
Hello sir agr hme jaise goodwill nikal ne ko bol rakhi admission ya retirement wale q mei toh hm konsa method lgaye simple average ya weighted average wala kyoki book he bhut jgh alag alag de rakha h Agr hme weights bhi nhi de rakhe ho
if the profit is in increasing or decreasing trend then use weighted average and if there is no trend then apply simple average method.
Separate life policy kaha karwa ha ismai
Sir in llustration 9 in my module
It isn't written that B and C didn't prefer to show such increase in the balance sheet
But the entries are same 😢
I was so confused and tensed that what i missed now it's really annoying that icai do another mistake 😕😓
ICAI has rectified it in its Corrigendum (available on official website)
sir agr partners ne joint insurance policy li thi uske bad unhone new partner ko admit kiya to kya tb bhi insurance policy surrender ki jayegi
Thank you so much sir 😊😊😊
Sir death wale topic kii video kaha hai
Wow sir bahot accha padhate hooo
50:16 Par join life policy ko asset treat karenge to prudence concept galat ho jayega
Nahi hoga prudence concept kehta h kii agar koi probable income ya gain h like jiske baare me tum certain nhi ho ki milega ya nhi usko record nhi krna h but yaha pe joh surrendar value ko asset treat kr rhe h woh certain income h kii agar partners ne surrendar kiya policy ko toh usko yeh sure h kii utna amount receive ho jayega
Sep 24 ke liye ill 9 alag hai as compared to sir pdf
Kese bhi karlo same hai
43:21
1:35:23 can anyone please clear this doubt that why sir has directly adjusted the goodwill in the form of gaining to sacrificing partners. In question it was said to raise goodwill. Shouldn't it be goodwill ac dr to all partners capital ac including retiring partner .
Inherited or self generated goodwill is never shown in balance sheet, only purchased goodwill is shown as an asset.
Here the meaning of 'goodwill was raised for 100000 'is "goodwill is valued at 100000".
The goodwill is only valued here, not shown as asset in the balance sheet.
Mere pass words nhi hai literally etna aacha conceptual clearity thankyou so much ❤
Sir ji aapka class 12th k course ma join hona k liya kisni fees h
Dost, Avyukt application download krlo, wahan sab information mil jayegi
Thankyou sir bohot sahi padhaya apne ❤❤
Thank you sir ❤🙏u are best💯
Sir reserve vala method na kre to chlega ¿
sir ek doubt tha
illustration 9 me apne bola ki agar revaluation nai bana ho to revaluation ka profit
gaining
To sacrificing
me distribute kar de ge to sir agar loss ho revelation pe to bhi same karge kya?
Bahi isse simple tarika bhi hai phele agar profit( old ratio ) diya hua hai to profit baat do capital account m and uska reverse loss ( new ratio ) bhi capital account m baat do
Sir , apne bola tha surrender value when treating asset , partner me nhi bat ti ...toh JLP ka revaluation gain kyu bata 1:33:26
Surrender value distribute nhi krte lkin assets ka revaluation gain or loss toh krte h nhh bhai jlp asset h toh karege nhh
Sir last method 3 important h kya like me chir diya osko question Sare karliye
Sir retirement unit k practical question k lec nhi mil rha ....apne wo karaye h ??
sir will uh take unit-5(death of a partner) classes on you tube for June 23?
Death of a partner ki video mili ho to plz link share kr dena.
Illustration number 9 main joint life policy ka bhi to 25000 Milana hai so why it is not included
Sir aapke accounts playlist me death of partner nhi h , vo mai khud se lga lu kya ??? , bs 1-2 topic hi alag h baki sb same h .👀?????
October me pura upload kardunga :)
27:10 illustration 8
Faad diya sir . What a beautiful explanation ❤❤
🙏❤️
Sir topic of death kaha h?
Sir i can't find death of partner. Where can i find it??
Its in the playlist, please check
Sir aapne illustration 8 me year end 31st dec ko ku kiya question me to bola hi nhi hua ki books 31 December ko close hogi
Surrender value as per 31 dec is given in the ques and surrender value hmesha year end pr hi hoti h... That's why it is clearly indicated that year end 31 dec hi h
Sir yha per 1200 jo asset side jayenge i mean jise hamne smjha hai ki hamare liye profit hai vo to future income huyi na to prudence😢???
Bahi prudence. Concept expense or income ke sath lagta hai
Sir if you are active then like this comment sir
third mathod =1:55:10
Sir death of partner ki video ni h playlist me?
Sir kya ILS 7 jlpp ac p&l ac and jlp ac bana kr ho skta hai ,confuse ho rha hu last date premium pe 😢 please upload a video🙏🙏🙏 1:20:00
3:14 dekho dekho..unne kaisi batein yha ki 😂 anuv x hardik sir
Sir agr journl entry h icai me so we should pract acc of it?
No it isn't mandatory unless you prepare WNotes
Sir death of partner ka lectures nhi pada hai kya
Thnak you sir❤
sir u r bestttt
Sir Death wali video nhi mil rhi playlist me
sir illustration 10 me goodwill distribute karne ke liye ratio kya hoga
You are amazing sir 😊
i am unable to find chapter death.after retirement there is depreciation plz help
Samee
Sir death of partner ki video playlist me nahi hee
Unit 5 or 6 nhi krwaya hai kya sir aapne iska
Yess, Chapter ka name search kro and sath me mera name likhdo, a jayega
@@cahardikmanchanda Okay sir thankyou sir 🩷
Sir i have a doubt in illustration 9, we have revalued assets and joint life policy but sir we dont distribute surrender value in 2nd method so how can we distribute profits in Increase of JLP
The increase of 5000 is not at all recorded in balance sheet...that means it is not treated as asset... therefore it is a gain and hence distributed along with profits..
Sir where is unit 5 of partnership ac ( Death of a partner) ????
ha mujhe bhi nhi mil rhi
October me upload kardunga
@@cahardikmanchanda ok thanks sir
sir iske baad ka lecture ka link bhjo pls unit 5 death of a partner
Sur i am june24 student muje class me JLP ke asset methode me partner me serender value divide kyo nhi hui samaj nhi aaya thoda samja do sir😢
Is video se mat dekho, ek separate video daala h maine JLP ke liye, playlist me h, jyada simplified, wo dekho
@@cahardikmanchanda
Ok sir thanks
@link dedo n sir plzcahardikmanchanda
1:45:06
thank you so much sir💌🙏
Sir death of a partner ki video nhi mil rhi ??.
Sir joint life policy kch samjh nhi aaya😢😢
Uski separate detailed video daali h, check kro playlists me
@@cahardikmanchanda thank you sir🙏🙏
Thank you sir ❤
second method : 43:03
sir thnqq fr this amazing session
Sir death ka video kaha hai???
SIR PRACTICAL QUESTIONS KYU NHI KRVAYE
Death wala kaha hai?