This video explains the basic components of the partnership final accounts. The formats of Profit and Loss Appropriation Account and the Current Accounts are also explained into detail.
The lecture videos below are prerequisites for this lecture
FINAL ACCOUNTS OF A SOLE TRADER (PART 1)
https://www.youtube.com/watch?v=TN0821TnaHk&t=253s
ADJUSTMENTS FOR FINAL ACCOUNTS
https://www.youtube.com/watch?v=v7QeBm_t_ZA&list=PLx1yTu6mEfYVeCPRUe8x56OiUU5HV5kiM&index=14
FINAL ACCOUNTS OF A SOLE TRADER (PART 2)
https://www.youtube.com/watch?v=3Ja4-gSU8Bk&t=1s
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