Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner) - Unimax Publications Class 12 - Solutions

Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner) - Unimax Publications Class +2 - Solutions to all practical problems with the animation and videos. First, we will clarify the meaning of the term Retirement of A Partner shown as follows: 

When one partner in the partnership firm wants to retire and all partners agree with him, the situation is known as Retirement of a Partner.

What is the Retirement of a Partner:

When one partner wants to get retirement from the partnership firm with the consent of all remaining partners if known as the Retirement of a partner. The partner may get retirement from the partnership firm in the following situation: –

1. Retiring Partner’s own choice to get retired 
2. End of the agreement between the Partners. 
3. Where all remaining partners agree that one partner should have to get retired from the partnership. 

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Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner) - Unimax Publications Class 12 - Solutions

Question wise solutions of the all Questions of Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner) - Unimax Publications Class 12 - Solutions are shown below: –

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Accountancy - Unimax Class 12 Part 1 – 2021 – Solution.

• Chapter No. 1 – Accounts of Non-Profit Organisations
• Chapter No. 2 – Partnership Accounts – I (Basic Concepts)
• Chapter No. 3 – Partnership Accounts – II (Goodwill)
• Chapter No. 4 – Partnership Accounts – III (Change in Profit Sharing Ratio among Existing Partners)
• Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
• Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
• Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

Accountancy - Unimax Class 12 Part 2 – 2021 – Solution.

• Chapter No. 1 - Share Capital 
• Chapter No. 2 - Debentures 
• Chapter No. 3 - Financial Statements of A Company (Balance Sheet Only)
• Chapter No. 4 -  Analysis of Financial Statements 
• Chapter No. 5 - Ratio Analysis
• Chapter No. 6 -  Cash Flow Statement

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