< iframe size=" 480" elevation=" 320" src=" https://www.youtube.com/embed/NgA9Q1ox0uQ?rel=0 "frameborder= "0" allowfullscreen >< img design=" float: left; margin:0 5px 5px 0 ;" src=" http://taxdr.org/wp-content/uploads/2021/08/optbVh.jpg"/ > Admission of a companion Class 12 accounts Phase 5-- Accounts-- Accountancy-- Class 12 Admission of a companion - impact of admission of a partner on change in the profit sharing proportion treatment of a good reputation (according to AS 26). treatment for revaluation of assets as well as review of liabilities. therapy of books as well as accumulated profits. change of funding accounts as well as prep work of annual report. The hopefuls are advised to view the entire video clip lecture for far better understanding. If there's any doubt or confusion, please remark listed below or fill in our student's feedback type, the link of which is provided below in the summary. 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