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NCERT Solutions for Class 12 Accountancy: CBSE has updated its curriculum for Board Examinations 2023-2024. It has deleted some topics and chapters from Accountancy NCERT Textbook. In this article, you can find the latest chapter-wise NCERT Solutions for Class 12 Accountancy. Solutions for deleted topics are not present in the article. All Accountancy solutions have been prepared as per the CBSE Class 12 Accountancy Syllabus 2023-2024. Here, you can also find links to important resources for preparing for the upcoming CBSE Board Examination 2024.
The below-mentioned NCERT solutions have been prepared by subject experts, keeping in mind the learning capacity of every student. Students who aspire to score high marks in CBSE Board Examinations 2024 should consistently practice NCERT Solutions of the chapters mentioned below. A thorough understanding of the topics and sufficient practice of all in-text and end questions can help you score well in both the CBSE Board Examination as well as in related Competitive Examinations. NCERT Solutions also develops an understanding of basic concepts for all important topics which helps you excel in academics. Here, students can find NCERT Solutions for Class 12 Accountancy all chapters PDF download links for free.
Why are NCERT Class 12 Accountancy Books the best?
NCERT Class 12 Accountancy Books are the best for students to score high marks in the CBSE Board Examination because:
- NCERT Class 12 Accountancy consists of all the essential topics and chapters in detail. It is extremely good for clearing your basic concepts.
- The entire syllabus and sample paper of the CBSE Board dwells around NCERT Books and Solutions.
- Direct questions can be asked from the NCERT textbook, in the exam.
- Consists of a vast amount of numerical problems, thus ensuring a strong preparation
- Focuses on practical aspects of the subject such as journal entries, small topics such as readjustment of profit and loss statement, realization account, and more.
Related:
NCERT Solutions for Class 12 Accountancy
Check here chapter-wise NCERT Solutions for Class 12 Accountancy. Here, NCERT solutions for both the parts of books have been presented along with appropriate segregations. Check the complete list of ncert solutions here.
| Part-1 |
| Unit No. | Chapter Name |
| Chapter 1 | |
| Chapter 2 | |
| Chapter 3 | |
| Chapter 4 | |
Find Chapter-wise NCERT Solutions for Class 12 Accountancy NCERT Textbook (Part-2), below.
| Part-2 |
| Unit No. | Chapter Name |
| Chapter 1 | |
| Chapter 2 | |
| Chapter 3 | |
| Chapter 4 | |
| Chapter 5 | |
| Chapter 6 |
Jagran Josh is constantly working to provide students with all NCERT Solutions for every subject. In this article, you can find links for NCERT Solutions of Class 12 Accountancy Textbook Part 1 and Part 2. The article consists of complete CBSE Class 12 Accountancy NCERT Solutions. Students can now save the link or download the PDFs attached below to keep the solutions handy for future use. Each article has a PDF download link attached at the bottom of each article. Students with Accountancy subject can be absolutely carefree when referring to these since this article is an accumulation of complete and detailed NCERT Solutions. For more such CBSE and NCERT Solutions-related updates, keep visiting our website JagranJosh.com
NCERT Accountancy Textbook (Part -1) for Class 12 gives an in-depth understanding of partnership firms for students. Some chapter-wise important topics from the NCERT textbook to clear your basic concepts about partnership firms are:
- Topics from Chapter 1: Partnership deed, Distribution of profit among partners, Interest on Capital and Drawings, Guarantee of profit to a partner, Past Adjustments
- Chapter 2: Modes of Reconstitution of a Firm, Admission of a New Partner, Goodwill, Sacrificing Ratio, Adjustment on Capital
- Chapter 3: New profit sharing ratio on Retirement/Death of a partner, Gaining Ratio, Treatment of Goodwill, Revaluation of Assets due to Retirement/death of a partner, Revaluation Account,
- Chapter 4: Dissolution of Partnership, Dissolution of Firm, Difference between Dissolution of firm and partnership, Accounting Treatment on the dissolution of a firm, Journal Entries to be passed on the dissolution of a firm.
Covering all these topics can help you solve any Partnership Firms-related question in the CBSE Board Examination 2024.
Similarly, the NCERT Accountancy Textbook (Part -2) for Class 12 provides knowledge about accounting. Some chapter-wise important topics from the NCERT textbook to improve your concepts about accounting are:
- Topics from Chapter 1: Features of companies, kinds of companies, Share Capital of a company, Types of shares, Accounting Treatment, Calls in Areas and Advance, Over and Under Subscriptions, Forfeiture of shares
- Chapter 2: Debentures, Types of debentures, the difference between shares and debentures, Issue of debentures, Interest on debentures, Redemption of debentures, Methods of redemption
- Chapter 3: Objectives and types of financial statements, Shareholder’s fund, Importance of financial statements, Limitations of financial statements
- Chapter 4: Importance and objective of an analysis of financial statements, Tools of analysis of financial statements, Comparative statement, Common size statement, Limitations
- Chapter 5: Objective and advantage of Ratio analysis, Types of ratios, Liquidity ratio, Activity ratio, Profitability ratio
- Chapter 6: Cash and cash equivalents, Cash flow, Classification of activities for the preparation of cash flow statement, Ascertainment of cash flow from investing and financing activities, Preparation of cash flow statement
Importance of NCERT Solutions for Students
Solving NCERT questions can help you understand a complex problem in an easy manner. Since NCERT Solutions are made keeping the CBSE’s Revised Curriculum in mind, consistent practice of all the solutions can help you score well in CBSE Board Exams. It can also help you clear any related Competitive Examinations. The best way to cover the entire CBSE Syllabus is by solving chapter-wise NCERT Solutions. One should also practice questions presented in the middle of the chapter like ‘Test Your Understanding’ and ‘Do It Yourself’. These are practical questions designed to clear topic-related doubts in students.
Tips for NCERT Solutions
NCERT Solutions can often be tricky to understand and solve. Thus, it is significant to first thoroughly read the chapters, and understand the concepts from your teachers, friends, or whosoever you are comfortable learning from. Then, the in-text questions present in the middle of the chapter, namely 'Do It Yourself' and 'Test Your Understanding' should be solved. They are aimed at building concepts about different topics through the practical use of their applications. At last, we can now come to solving NCERT Solutions. To avoid difficulty in solving NCERT Solutions, it is advised to follow the above-mentioned steps. Following these steps also builds your interest in solving NCERT Solutions.
Check CBSE Class 12 Accountancy Exam Pattern 2023-2024 to prepare well for your upcoming Board Examinations. Hope you find the content present in this article relevant and useful. All the best for the CBSE Board Examination 2024.
Also Find:
CBSE Class 12 Syllabus 2023-24 (All Subjects)
CBSE Class 12 Sample Papers 2023-24 (All Subjects)
NCERT Books for Class 12 (All Subjects)
NCERT Solutions for Class 12 (All Subjects)
CBSE Class 12 Accountancy Important Chapters and Topics for Board Exams 2024
CBSE Class 12 Accountancy Previous Year Question Papers
CBSE Class 12 Accountancy Toppers Answer Sheet
CBSE Class 12 Accountancy Most Expected Questions for Board Exams 2024
CBSE Class 12 Accountancy Important MCQs for Board Exam 2024
Top 50 MCQs for CBSE Class 12 Accountancy Board Exam 2024
CBSE Class 12 Accountancy Important Assertion Reasoning Questions