Salary, Bonus, Commission & Reserves | Class 12 Accounts | TS Grewal Illustration Solution

In this video, we solve an important TS Grewal illustration based on Salary, Bonus, Commission & Reserves from Chapter 1 – Fundamentals of Partnership for Class 12 Accountancy.

This video is perfect for practice and revision after learning the concepts. You’ll understand how to apply the rules of the Partnership Act, 1932 and the Partnership Deed while preparing the Profit and Loss Appropriation Account and distributing profits among partners.

You’ll learn:
How to calculate partner’s salary, bonus, and commission
How to adjust reserves before distributing profits
The correct format and journal entries for TS Grewal illustrations
Step-by-step logic behind every adjustment so you can solve similar questions easily in exams

🎯 Best For:

Class 12 Accountancy (CBSE & State Boards)
Students using TS Grewal Book
Those preparing for Board Exams 2026

👨‍🏫 Watch till the end to strengthen your understanding of Partnership Fundamentals with clear explanations and working notes.

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