NCERT Solutions For Class 12 Accountancy links are given below. We have listed down all the chapters and provided chapter-wise links. Accountancy Class 12 Solutions are given by professional teachers who have sound knowledge of Accounts. They give each solution in an easy manner. this will helps to get good grades in the CBSE board exams. For students who are searching for Class 12 Accountancy, this is the right option to choose. You can start your preparation by following NCERT Solutions. You will clarify your doubts while you are in the preparation. This can be also helpful for completing your home assignments as well as revision purposes. NCERT Solutions plays a major role in CBSE board exams. It is an individual organization that works under the government for improving school education. Preparing for Accountancy Class 12 NCERT will help to get high scores in the exam. We have given chapter-wise solutions with detailed explanations. This can be an advantage for aspirants to quickly understand the subject.
Class 12 Accountancy NCERT Solutions
Class 12 Accountancy NCERT Solutions has been written up for the students who are preparing for the CBSE board exams. Class 12 Accountancy is divided into 2 parts. These are partnership accounts and company accounts and analyses of financial statements. We have updated all the important topics which are included in the textbook. You should practice each question in each chapter for getting good grades on the exam. You can download Class 12 Accountancy free of cost. There are several chapters in each part. we have given all the chapters with complete explanations which are included in that 2 parts.
NCERT Solutions For Class 12 Accountancy Part 1 Partnership Accounts
- Chapter 1 Accounting for Partnership: Basic Concepts
- Chapter 2 Accounting For Non-Profit Organization
- Chapter 3 Reconstitution of a Partnership Firm – Admission of a Partner
- Chapter 4 Reconstitution of a Partnership Firm – Retirement/Death of a Partner
- Chapter 5 Dissolution of Partnership Firm
NCERT Solutions For Class 12 Accountancy Part 2 Company Accounts and Analysis of Financial Statements
- Chapter 1 Accounting for Share Capital
- Chapter 2 Issue and Redemption of Debentures
- Chapter 3 Financial Statements of a Company
- Chapter 4 Analysis of Financial Statements
- Chapter 5 Accounting Ratios
- Chapter 6 Cash Flow Statement
NCERT Solutions For Class 12 Accountancy Part 1 Partnership Accounts
NCERT Solutions For Class 12 Accountancy Chapter 1 Accounting for Partnership: Basic Concepts
In this chapter, you will know the basic concepts of partnership. A partnership is established by an agreement. Partners must share the profits and losses of a business. In Class 12 Accountancy Chapter 1, the partnership is based on mutual agreement. You will learn how to maintain capital accounts of partners and distribution of profits among partners.
NCERT Solutions For Class 12 Accountancy Chapter 2 Accounting For Non-Profit Organization
We are going to learn the meaning of Accounting For Non-Profit organizations and non-profit revenue. In CBSE Class 12 Accountancy Chapter 2, fund accounting does not take the profit or loss of a firm. It tracks the revenue and expenses of a firm.
NCERT Solutions For Class 12 Accountancy Chapter 3 Reconstitution of a Partnership Firm – Admission of a Partner
According to the partnership act 1932, if a new person is joining the firm the partnership firm is reconstituted and a new agreement is entered. In this, Accountancy Class 12 Chapter 3 tells about what is the reconstitution of a partnership firm and what are the reasons for taking a new agreement.
NCERT Solutions For Class 12 Accountancy Chapter 4 Reconstitution of a Partnership Firm – Retirement/Death of a Partner
If a person died or takes retirement then again the firm is reconstituted and a new agreement is entered. In Class 12 NCERT Accountancy Chapter 4, there are various reasons to reconstitute the partnership firm. In this firm profit can be shared by ratios. You are going to learn the types of ratios.
NCERT Solutions For Class 12 Accountancy Chapter 5 Dissolution of Partnership Firm
Dissolution is nothing but termination. The partners in a firm may get dissolved or terminated. Then it is called the Dissolution of the partnership firm. Class 12 Accountancy Chapter 5 reveals the causes and types of dissolution of a firm and also known steps involved in the dissolution of a firm.
NCERT Solutions For Class 12 Accountancy Part 2 Company Accounts and Analysis of Financial Statements
NCERT Solutions For Class 12 Accountancy Chapter 1 Accounting for Share Capital
In this chapter, we will discuss types of accounting share capital. This chapter involves journal entries, ledgers, and balance sheets. Class 12 NCERT Accountancy Chapter 1 describes types of share capital and kinds of companies. We have given share capital types with detailed explanations.
NCERT Solutions For Class 12 Accountancy Chapter 2 Issue and Redemption of Debentures
The aspirant should know the meaning of debenture. There are types of debentures and different methods of redemption of debentures. Class 12 NCERT Accountancy Chapter 2 tells the meaning of debenture redemption, the issue of debentures, and how to write journal entries for the issue of debentures.
NCERT Solutions For Class 12 Accountancy Chapter 3 Financial Statements of a Company
Financial statements are most important to the firm. It records day to day expenses and revenues of a firm. CBSE Class 12 Accountancy Chapter 2, involves income statements, balance sheets, and cash flow statements. These are required by a firm.
NCERT Solutions For Class 12 Accountancy Chapter 4 Analysis of Financial Statements
It is the process of analyzing a company’s financial statement for decision-making. There are 3 main ways to analyze financial statements. Class 12 NCERT Accountancy Chapter 4 tells the types, importance, and components of financial statements.
NCERT Solutions For Class 12 Accountancy Chapter 5 Accounting Ratios
Accounting ratios are used to determine the company’s growth. There are a lot of accounting ratios. But firms used only some ratios. CBSE Class 12 Accountancy Chapter 5 Accounting ratios help to provide insights into financial areas that others may be missing.
NCERT Solutions For Class 12 Accountancy 6 Cash Flow Statement
A cash flow statement provides data regarding all cash inflows a company receives from its ongoing operations. In class 12 NCERT Accountancy Chapter 6, you will learn the types of cash flow statements with examples and also learn types of cash flows, and cash flow statement format.