Episodes

  • New Profit Sharing Ratio and Gaining Ratio on Retirement or Death of a Partner
    Oct 19 2026
    Learn how to calculate the new profit sharing ratio and gaining ratio when a partner retires or dies, with formulas, solved examples and CBSE exam tips. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/new-profit-sharing-ratio-gaining-ratio-retirement-death-partner/
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    Less than 1 minute
  • Purchases Book & Purchases Return Book | CBSE Class 11 Accountancy Complete Guide
    Oct 18 2026
    Master Purchases Book and Purchases Return Book for CBSE Class 11 Accountancy. Learn formats, debit notes, ledger posting, and GST rules to ace your exams! 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/purchases-book-purchases-return-book-cbse-class-11-accountancy-complete-guide/
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    Less than 1 minute
  • Change in Profit Sharing Ratio Among Existing Partners (Class 12)
    Oct 17 2026
    Learn how gain and sacrifice are calculated and goodwill is adjusted when existing partners change their profit sharing ratio — CBSE Class 12. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/change-in-profit-sharing-ratio-existing-partners/
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    Less than 1 minute
  • Petty Cash Book: Meaning, Format & Imprest System | CBSE Class 11 Accountancy
    Oct 16 2026
    Master the Petty Cash Book Class 11 concepts! Learn the meaning, analytical format, and the Imprest System with our step-by-step Accountancy guide. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/petty-cash-book-meaning-format-imprest-system-cbse-class-11-accountancy/
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    Less than 1 minute
  • Accumulated Profits & Capital Adjustment on Admission of a Partner
    Oct 15 2026
    Learn how accumulated profits, reserves and losses are distributed among old partners and how capitals are adjusted on admission of a partner. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/accumulated-profits-reserves-capital-adjustment/
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    Less than 1 minute
  • Cash Book in Accounting: Single Column & Double Column Explained
    Oct 14 2026
    Master Cash Book Class 11 concepts! Learn single & double column structures, contra entries, and preparation tips for CBSE Class 11 & CUET exams. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/cash-book-in-accounting-single-column-double-column-explained/
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    Less than 1 minute
  • Revaluation of Assets and Liabilities on Admission of a Partner
    Oct 13 2026
    Learn how to prepare a Revaluation Account on admission of a partner, with journal entries and a solved example — CBSE Class 12 Accountancy guide. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/revaluation-of-assets-and-liabilities/
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    Less than 1 minute
  • Special Purpose Books in Accounting | CBSE Class 11 Accountancy Chapter 4
    Oct 12 2026
    Learn what special purpose books are, why businesses need them, and the six types covered in CBSE Class 11 Accountancy Chapter 4 — with exam tips and FAQs. 📖 Read the full study guide & practice questions: https://www.championsprep.in/blog/special-purpose-books-in-accounting-cbse-class-11-accountancy-chapter-4/
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    Less than 1 minute