Accountancy notes

📘 Accounts Notes – Partnership Fundamentals & Admission of a Partner

Perfect for Class 12 | Quick Revision | Scoring Made Easy

Boost your exam prep with these well-structured and simplified notes designed specially for students of Accountancy (Class 12 or equivalent). This PDF covers two crucial chapters from the Partnership section:

✅ Fundamentals of Partnership

✅ Admission of a Partner

🔍 What’s Inside?

Easy-to-understand definitions

Complete journal entries with formats

All key concepts like profit-sharing ratio, sacrificing ratio, goodwill treatment, and revaluation

Step-by-step solutions to common problems

Formula sheet & concept tips for quick revision

Perfect for ICSE/CBSE/State Boards & entrance exam preparation

🧠 Designed for last-minute revision, this PDF helps you understand tough concepts with ease and score maximum marks in partnership questions.

🎯 Whether you’re a student looking to ace your exams or a tutor who needs crisp handouts — this is your go- to resource!