Dissolution of Firm | Journal Entries – Assets, Liabilities & Payments | Class 12 Accounts Lec 4

In this lecture of Ace to Accounts by Sanjeev Giri Classes (SGC), we explain the basic journal entries step by step for the chapter Dissolution of a Partnership Firm.
In this lecture of Ace to Accounts by Sanjeev Giri Classes (SGC), we explain the basic journal entries step by step for the chapter Dissolution of a Partnership Firm.

🔹 Topics Covered:
✔️ Asset Transfer Entry – shifting assets to Realisation A/c
✔️ Liability Transfer Entry – recording creditors & loans
✔️ Realisation Entries – when assets are realised (cash received)
✔️ Payment Entries – settlement of liabilities & expenses
✔️ Clear format + CBSE & T.S. Grewal style

📌 A must-watch lecture before solving long numerical questions, as it builds strong conceptual clarity.

📄 Board PDF (Same PDF taught in class, shared on Telegram):
👉 https://t.me/Sanjeev_giri_classes/94

📺 Complete Playlist:
👉    • Ace to Accounts Series | Class 12 | 2025-26  

📲 Join Telegram for Notes & Updates:
👉 https://t.me/Sanjeev_giri_classes

📸 Follow Instagram for Daily Updates:
👉   / sanjeev_giriclasses  

👍 Like | 💬 Comment | 🔁 Share | 🔔 Subscribe
#Class12Accountancy #DissolutionOfFirm #JournalEntries #RealisationAccount #CBSE2025 #AceToAccounts #SanjeevGiriClasses #TSGrewal
🔹 Topics Covered:
✔️ Asset Transfer Entry – shifting assets to Realisation A/c
✔️ Liability Transfer Entry – recording creditors & loans
✔️ Realisation Entries – when assets are realised (cash received)
✔️ Payment Entries – settlement of liabilities & expenses
✔️ Clear format + CBSE & T.S. Grewal style

📌 A must-watch lecture before solving long numerical questions, as it builds strong conceptual clarity.

📄 Board PDF (Same PDF taught in class, shared on Telegram):
👉 UPDATED SOON

📺 Complete Playlist:
👉    • Ace to Accounts Series | Class 12 | 2025-26  

📲 Join Telegram for Notes & Updates:
👉 https://t.me/Sanjeev_giri_classes

📸 Follow Instagram for Daily Updates:
👉   / sanjeev_giriclasses  

👍 Like | 💬 Comment | 🔁 Share | 🔔 Subscribe
#Class12Accountancy #DissolutionOfFirm #JournalEntries #RealisationAccount #CBSE2025 #AceToAccounts #SanjeevGiriClasses #TSGrewal