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Crash Course of Accountancy - Class 12 for Commerce22,864 students learning this week · Last updated on Nov 21, 2024 |
EduRev's Crash Course of Accountancy - Class 12 is the perfect course for Commerce students who want to excel in their studies. This course is designe
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d to provide a comprehensive understanding of the subject in a short period of time. With the help of expert faculty, students can learn important concepts and principles of accountancy that are essential for their academic success. The course covers all the important topics of accountancy, making it an ideal choice for students who want to prepare for their board exams or entrance exams.
Crash Course of Accountancy - Class 12 Study Material
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Crash Course of Accountancy - Class 12 for Commerce Exam Pattern 2024-2025
Crash Course of Accountancy - Class 12 Exam Pattern for Commerce
Accountancy is one of the most important subjects for commerce students in Class 12. It provides a strong foundation for students who wish to pursue a career in finance or accounting. The Class 12 CBSE board exam for accountancy consists of two parts - theory and practicals.
Theory Exam Pattern:
- The theory paper is of 80 marks, and the duration of the exam is three hours.
- The paper is divided into two parts - Part A and Part B.
- Part A consists of compulsory questions worth 60 marks, while Part B consists of elective questions worth 20 marks.
- There are a total of 16 questions in the paper, out of which students need to attempt 12 questions.
Practical Exam Pattern:
- The practical exam is of 20 marks, and the duration of the exam is three hours.
- The practical exam consists of two parts - Accounting for Partnership Firms and Companies and Analysis of Financial Statements.
- The practical exam is conducted in the school under the supervision of a teacher appointed by CBSE.
Important Topics:
- Accounting for Partnership Firms
- Reconstitution of Partnership
- Dissolution of Partnership
- Accounting for Share Capital
- Financial Statements Analysis
- Cash Flow Statement
- Accounting Ratios
- Depreciation, Provisions and Reserves
Preparation Tips:
- Understand the concepts thoroughly and practice as many questions as possible.
- Solve previous year question papers and sample papers to get an idea of the exam pattern and the type of questions asked.
- Create a study plan and stick to it.
- Revise regularly and avoid last-minute cramming.
In conclusion, the Class 12 CBSE board exam for accountancy is a critical exam for commerce students, and they need to prepare well to score good marks. With proper planning and dedication, students can ace the exam and build a strong foundation for their future career.
Accountancy is one of the most important subjects for commerce students in Class 12. It provides a strong foundation for students who wish to pursue a career in finance or accounting. The Class 12 CBSE board exam for accountancy consists of two parts - theory and practicals.
Theory Exam Pattern:
- The theory paper is of 80 marks, and the duration of the exam is three hours.
- The paper is divided into two parts - Part A and Part B.
- Part A consists of compulsory questions worth 60 marks, while Part B consists of elective questions worth 20 marks.
- There are a total of 16 questions in the paper, out of which students need to attempt 12 questions.
Practical Exam Pattern:
- The practical exam is of 20 marks, and the duration of the exam is three hours.
- The practical exam consists of two parts - Accounting for Partnership Firms and Companies and Analysis of Financial Statements.
- The practical exam is conducted in the school under the supervision of a teacher appointed by CBSE.
Important Topics:
- Accounting for Partnership Firms
- Reconstitution of Partnership
- Dissolution of Partnership
- Accounting for Share Capital
- Financial Statements Analysis
- Cash Flow Statement
- Accounting Ratios
- Depreciation, Provisions and Reserves
Preparation Tips:
- Understand the concepts thoroughly and practice as many questions as possible.
- Solve previous year question papers and sample papers to get an idea of the exam pattern and the type of questions asked.
- Create a study plan and stick to it.
- Revise regularly and avoid last-minute cramming.
In conclusion, the Class 12 CBSE board exam for accountancy is a critical exam for commerce students, and they need to prepare well to score good marks. With proper planning and dedication, students can ace the exam and build a strong foundation for their future career.
Crash Course of Accountancy - Class 12 Syllabus 2024-2025 PDF Download
Commerce Crash Course of Accountancy - Class 12
Commerce Partnership Fundamentals
- Introduction to Partnership
- Types of Partnership
- Characteristics of Partnership
- Partnership Deed and its Importance
- Mutual Rights and Duties of Partners
- Profit and Loss Sharing Ratio
- Admission and Retirement of a Partner
- Death and Dissolution of a Partnership Firm
Commerce Issue of Shares
- Meaning and Definition of Share
- Types of Shares
- Issue of Shares
- Underwriting of Shares
- Over-subscription and Under-subscription of Shares
- Calls in Arrears and Calls in Advance
- Forfeiture of Shares
- Re-issue of Forfeited Shares
Commerce Financial Statement Analysis
- Meaning and Importance of Financial Statements
- Types of Financial Statements
- Analysis of Financial Statements
- Tools and Techniques of Financial Analysis
- Ratio Analysis
- Cash Flow Statement
Commerce Valuation of Goodwill & Change in Profit Sharing Ratio
- Meaning and Definition of Goodwill
- Factors Affecting the Valuation of Goodwill
- Methods of Valuation of Goodwill
- Change in Profit Sharing Ratio
Commerce Admission of a Partner
- Meaning and Definition of Admission of a Partner
- Modes of Admission of a Partner
- Calculation of New Profit Sharing Ratio
- Revaluation of Assets and Liabilities
- Treatment of Goodwill
Commerce Retirement of a Partner, Death of a Partner
- Meaning and Definition of Retirement and Death of a Partner
- Modes of Retirement and Death of a Partner
- Calculation of New Profit Sharing Ratio
- Revaluation of Assets and Liabilities
- Treatment of Goodwill
Commerce Dissolution of a Partnership Firm
- Meaning and Definition of Dissolution of a Partnership Firm
- Modes of Dissolution of a Partnership Firm
- Settlement of Accounts of Partners
- Treatment of Realisation Expenses
- Distribution of Assets and Liabilities
Commerce Not-For-Profit Organizations
- Meaning and Definition of Not-For-Profit Organizations
- Characteristics of Not-For-Profit Organizations
- Receipts and Payments Account
- Income and Expenditure Account
- Balance Sheet
Commerce Issue of Debentures
- Meaning and Definition of Debentures
- Types of Debentures
- Issue of Debentures
- Redemption of Debentures
- Interest on Debentures
Commerce Redemption of Debentures
- Meaning and Definition of Redemption of Debentures
- Methods of Redemption of Debentures
- Redemption of Debentures at Par, Premium and Discount
- Treatment of Debenture Redemption Reserve
Commerce Adjustments - Revaluation & Reserves
- Meaning and Definition of Revaluation and Reserves
- Types of Reserves
- Revaluation of Assets and Liabilities
- Treatment of Revaluation Reserve
- Treatment of Reserves and Surplus
Commerce Sample Questions Paper
- Sample Questions Paper for Class 12 Commerce Accountancy Exam
Commerce Syllabus:
This syllabus covers all the important topics related to Class 12 Commerce Accountancy Exam. It includes Partnership Fundamentals, Issue of Shares, Financial Statement Analysis, Valuation of Goodwill & Change in Profit Sharing Ratio, Admission of a Partner, Retirement of a Partner, Death of a Partner, Dissolution of a Partnership Firm, Not-For-Profit Organizations, Issue of Debentures, Redemption of Debentures, Adjustments - Revaluation & Reserves, and Sample Questions Paper.
This course is helpful for the following exams: Commerce
How to Prepare Crash Course of Accountancy - Class 12 for Commerce?
Preparing for a crash course in Accountancy - Class 12 for Commerce can be quite stressful. However, with the right tools and guidance, it can be made easier. EduRev offers a comprehensive course that covers all the important topics required for the Class 12 board exams. Here are some tips on how to prepare for the course:
1. Understand the Syllabus: Knowing the syllabus is the first step in preparing for any course. The EduRev course covers all the topics mentioned in the Class 12 Accountancy syllabus. Make sure to go through it thoroughly and understand what is expected of you.
2. Practice Previous Year Papers: Practicing previous year papers is a great way to understand the exam pattern and the type of questions that are asked. The EduRev course offers a wide range of previous year papers that you can practice.
3. Take Mock Tests: Taking mock tests is essential to assess your preparation level. The EduRev course offers mock tests that are designed to simulate the actual exam. This will help you to identify your strengths and weaknesses and work on them accordingly.
4. Revise Regularly: Revision is the key to success in any exam. Make sure to revise all the topics that you have covered in the EduRev course regularly. This will help you to retain the information for a longer period.
5. Seek Help: If you have any doubts or questions, don't hesitate to seek help from your teachers or classmates. The EduRev course also offers a doubt-solving platform where you can get your queries resolved.
In conclusion, preparing for a crash course in Accountancy - Class 12 for Commerce requires dedication and hard work. With EduRev's comprehensive course and the above-mentioned tips, you can ace the board exams with ease.
1. Understand the Syllabus: Knowing the syllabus is the first step in preparing for any course. The EduRev course covers all the topics mentioned in the Class 12 Accountancy syllabus. Make sure to go through it thoroughly and understand what is expected of you.
2. Practice Previous Year Papers: Practicing previous year papers is a great way to understand the exam pattern and the type of questions that are asked. The EduRev course offers a wide range of previous year papers that you can practice.
3. Take Mock Tests: Taking mock tests is essential to assess your preparation level. The EduRev course offers mock tests that are designed to simulate the actual exam. This will help you to identify your strengths and weaknesses and work on them accordingly.
4. Revise Regularly: Revision is the key to success in any exam. Make sure to revise all the topics that you have covered in the EduRev course regularly. This will help you to retain the information for a longer period.
5. Seek Help: If you have any doubts or questions, don't hesitate to seek help from your teachers or classmates. The EduRev course also offers a doubt-solving platform where you can get your queries resolved.
In conclusion, preparing for a crash course in Accountancy - Class 12 for Commerce requires dedication and hard work. With EduRev's comprehensive course and the above-mentioned tips, you can ace the board exams with ease.
Importance of Crash Course of Accountancy - Class 12 for Commerce
Importance of Crash Course of Accountancy - Class 12 Course for Commerce
If you are a commerce student, then you must be aware of the importance of accountancy. Accountancy is a subject that requires a lot of practice, understanding, and clarity. If you are struggling with accountancy or want to improve your scores, then enrolling in a Crash Course of Accountancy - Class 12 can be a game-changer for you.
What is a Crash Course of Accountancy - Class 12?
A Crash Course of Accountancy - Class 12 is a short-term course designed to help students understand the concepts of accountancy in a short period. This course is specifically designed for students who are in Class 12th and preparing for their board exams.
Why is a Crash Course of Accountancy - Class 12 Important?
Here are some reasons why a Crash Course of Accountancy - Class 12 is important for commerce students:
1. Quick Revision: The course is designed to provide quick revision of all the important concepts of accountancy. It helps students to revise the entire syllabus in a short period.
2. Improved Understanding: The course is designed to provide a better understanding of the concepts of accountancy. It helps students to understand the concepts in a more simplified and practical way.
3. Time Management: The course helps in managing time effectively. As the course is designed to provide a quick revision, it helps students to manage their time effectively and focus on other important subjects as well.
4. Enhanced Performance: The course is designed to improve the performance of the students. It helps students to score better marks in their board exams.
Benefits of enrolling in a Crash Course of Accountancy - Class 12 offered by EduRev
Here are some benefits of enrolling in a Crash Course of Accountancy - Class 12 offered by EduRev:
1. Expert Faculty: The course is designed by expert faculty who have years of experience in teaching accountancy. The faculty is well-equipped to provide a better understanding of the concepts.
2. Extensive Study Material: The course provides extensive study material that covers all the important topics of accountancy. The study material is designed to provide a better understanding of the concepts.
3. Mock Tests: The course provides mock tests that help students to evaluate their performance. The mock tests are designed to provide an exam-like environment to the students.
4. Flexibility: The course is designed to provide flexibility to the students. The course can be accessed from anywhere and at any time.
In conclusion, a Crash Course of Accountancy - Class 12 is an important course for commerce students who want to improve their understanding and scores in accountancy. EduRev provides a comprehensive course that is designed to provide a better understanding of the concepts of accountancy.
If you are a commerce student, then you must be aware of the importance of accountancy. Accountancy is a subject that requires a lot of practice, understanding, and clarity. If you are struggling with accountancy or want to improve your scores, then enrolling in a Crash Course of Accountancy - Class 12 can be a game-changer for you.
What is a Crash Course of Accountancy - Class 12?
A Crash Course of Accountancy - Class 12 is a short-term course designed to help students understand the concepts of accountancy in a short period. This course is specifically designed for students who are in Class 12th and preparing for their board exams.
Why is a Crash Course of Accountancy - Class 12 Important?
Here are some reasons why a Crash Course of Accountancy - Class 12 is important for commerce students:
1. Quick Revision: The course is designed to provide quick revision of all the important concepts of accountancy. It helps students to revise the entire syllabus in a short period.
2. Improved Understanding: The course is designed to provide a better understanding of the concepts of accountancy. It helps students to understand the concepts in a more simplified and practical way.
3. Time Management: The course helps in managing time effectively. As the course is designed to provide a quick revision, it helps students to manage their time effectively and focus on other important subjects as well.
4. Enhanced Performance: The course is designed to improve the performance of the students. It helps students to score better marks in their board exams.
Benefits of enrolling in a Crash Course of Accountancy - Class 12 offered by EduRev
Here are some benefits of enrolling in a Crash Course of Accountancy - Class 12 offered by EduRev:
1. Expert Faculty: The course is designed by expert faculty who have years of experience in teaching accountancy. The faculty is well-equipped to provide a better understanding of the concepts.
2. Extensive Study Material: The course provides extensive study material that covers all the important topics of accountancy. The study material is designed to provide a better understanding of the concepts.
3. Mock Tests: The course provides mock tests that help students to evaluate their performance. The mock tests are designed to provide an exam-like environment to the students.
4. Flexibility: The course is designed to provide flexibility to the students. The course can be accessed from anywhere and at any time.
In conclusion, a Crash Course of Accountancy - Class 12 is an important course for commerce students who want to improve their understanding and scores in accountancy. EduRev provides a comprehensive course that is designed to provide a better understanding of the concepts of accountancy.
Crash Course of Accountancy - Class 12 for Commerce FAQs
| 1. What is the importance of studying accountancy in Class 12? |  |
Ans. Studying accountancy in Class 12 is important as it helps students understand the basics of financial transactions and prepares them for higher studies in commerce. It also helps them develop analytical and critical thinking skills, which are essential for making informed financial decisions in the future.
| 2. Can I pursue a career in accountancy after Class 12? | |
Ans. Yes, you can pursue a career in accountancy after Class 12. There are various courses such as B.Com, BBA, CA, CMA, and CS, which are available for students who want to pursue a career in accountancy. These courses provide in-depth knowledge and skills required for a career in this field.
| 3. What are the topics covered in the Class 12 Accountancy syllabus? | |
Ans. The Class 12 Accountancy syllabus covers topics such as accounting for partnership firms and companies, analysis of financial statements, cash flow statements, accounting ratios, and accounting for non-profit organizations. These topics provide students with a comprehensive understanding of financial accounting.
| 4. How can I improve my accountancy skills for the Class 12 exam? | |
Ans. You can improve your accountancy skills for the Class 12 exam by practicing regularly, solving sample papers and previous year question papers, and seeking help from your teachers or tutors whenever required. Additionally, you can use online resources such as videos, tutorials, and study materials to enhance your understanding of the subject.
| 5. What are the career options available after completing a course in accountancy? | |
Ans. After completing a course in accountancy, you can pursue a career in various fields such as accounting, finance, banking, auditing, taxation, and consulting. You can also work with different organizations such as private companies, government agencies, non-profit organizations, and accounting firms. With the right skills and experience, you can expect a lucrative career in this field.
Best Coaching for Crash Course of Accountancy - Class 12 for Commerce
Looking for the best coaching for a crash course in Accountancy for Class 12, Commerce? Look no further than EduRev, the premier online education platform. With free online coaching and study materials at your fingertips, EduRev provides the perfect solution for students looking to learn the important concepts and principles of Accountancy in a condensed time frame.
With downloadable PDFs and summaries of important chapters, EduRev's Crash Course in Accountancy covers all the key topics you'll need to know, including Financial Accounting, Management Accounting, Balance Sheet, Profit and Loss Account, Ledger, Journal, Trial Balance, Accounting Ratios, Accounting Principles, Accounting Concepts, Cash Flow Statement, Income Statement, Statement of Changes in Equity, Cost Accounting, Financial Statements, Double Entry System, Debit, Credit, Capital, Assets, Liabilities, Depreciation, Taxation, Audit, Budgeting, and Forecasting.
EduRev's expert instructors provide step-by-step guidance through each topic, ensuring that students fully understand the material and are able to apply it in real-world scenarios. Whether you're studying for an upcoming exam or just looking to brush up on your Accountancy skills, EduRev's Crash Course is the perfect solution.
So why wait? Sign up for EduRev's Accountancy Crash Course today and take your understanding of Accountancy to the next level. With free online coaching and study materials, you'll have everything you need to succeed.
With downloadable PDFs and summaries of important chapters, EduRev's Crash Course in Accountancy covers all the key topics you'll need to know, including Financial Accounting, Management Accounting, Balance Sheet, Profit and Loss Account, Ledger, Journal, Trial Balance, Accounting Ratios, Accounting Principles, Accounting Concepts, Cash Flow Statement, Income Statement, Statement of Changes in Equity, Cost Accounting, Financial Statements, Double Entry System, Debit, Credit, Capital, Assets, Liabilities, Depreciation, Taxation, Audit, Budgeting, and Forecasting.
EduRev's expert instructors provide step-by-step guidance through each topic, ensuring that students fully understand the material and are able to apply it in real-world scenarios. Whether you're studying for an upcoming exam or just looking to brush up on your Accountancy skills, EduRev's Crash Course is the perfect solution.
So why wait? Sign up for EduRev's Accountancy Crash Course today and take your understanding of Accountancy to the next level. With free online coaching and study materials, you'll have everything you need to succeed.
Tags related with Crash Course of Accountancy - Class 12 for Commerce
Crash Course, Accountancy, Class 12, Commerce, Financial Accounting, Management Accounting, Balance Sheet, Profit and Loss Account, Ledger, Journal, Trial Balance, Accounting Ratios, Accounting Principles, Accounting Concepts, Cash Flow Statement, Income Statement, Statement of Changes in Equity, Cost Accounting, Financial Statements, Double Entry System, Debit, Credit, Capital, Assets, Liabilities, Depreciation, Taxation, Audit, Budgeting, Forecasting.
Best Crash Course of Accountancy - Class 12 for Commerce NCERT Solutions and Study Materials
Looking for the best Crash Course of Accountancy - Class 12 for Commerce NCERT study materials and Crash Course of Accountancy - Class 12 for Commerce NCERT Book solutions?
EduRev has got you covered! Our platform offers comprehensive Commerce NCERT Solutions and NCERT Study Materials that
are tailored to fit the needs of Commerce students. Our Crash Course of Accountancy - Class 12 for Commerce NCERT Book Solutions are designed to
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all the questions in the Crash Course of Accountancy - Class 12 for Commerce NCERT Tests, making it easy for students to follow along and grasp
the concepts. EduRev’s chapter-wise NCERT Solutions for Commerce are comprehensive and designed by a team of
experienced teachers to cater to the learning needs of students. And the best part is - we offer
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So, if you're looking for the best NCERT Book Solutions and Study Materials for Crash Course of Accountancy - Class 12 for Commerce,
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Course Description
Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum for Commerce 2024-2025 is part of Commerce preparation. The notes and questions for Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum have been prepared
according to the Commerce exam syllabus. Information about Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum covers all important topics for Commerce 2024-2025 Exam.
Find important definitions, questions, notes,examples, exercises test series, mock tests and Previous year questions (PYQs) below for
Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum.
Preparation for Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum in English is available as part of our Commerce preparation & Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum in Hindi for Commerce courses.
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- From Homework help to NCERT Solutions, you will get all the help that you need to excel
- Multiple tests for every chapter to eliminate weakness till the last level
- Meet students and teachers from all over the country in EduRev forums
Full Syllabus, Lectures & Tests to study Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum - Commerce | Best Strategy to prepare for Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum | Free Course for Commerce Exam
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Course Speciality
- Case Studies, notes and even tests to analyze and improve on what you learn
- From Homework help to NCERT Solutions, you will get all the help that you need to excel
- Multiple tests for every chapter to eliminate weakness till the last level
- Meet students and teachers from all over the country in EduRev forums
- From Homework help to NCERT Solutions, you will get all the help that you need to excel
- Multiple tests for every chapter to eliminate weakness till the last level
- Meet students and teachers from all over the country in EduRev forums
Full Syllabus, Lectures & Tests to study Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum - Commerce | Best Strategy to prepare for Crash Course of Accountancy - Class 12 | Docs, Videos, Tests, CBSE, NCERT Curriculum | Free Course for Commerce Exam
Additional Information about Crash Course of Accountancy - Class 12 for Commerce for Commerce Preparation
Crash Course of Accountancy - Class 12 for Commerce Books
Crash Course of Accountancy - Class 12 for Commerce Books is your ultimate resource for mastering the Commerce Exam.
Get with a wide array of carefully selected books that cover every aspect of the Crash Course of Accountancy - Class 12 for Commerce syllabus.
From in-depth subject knowledge to practice papers, our collection has it all.
Boost your confidence by attempting question papers and gain valuable insights from detailed paper analysis.
Prepare with precision using our mock tests, designed to simulate the real exam experience.
With Crash Course of Accountancy - Class 12 for Commerce Commerce Books, you'll have the best study material at your fingertips, ensuring your success in the Commerce Exam.
Crash Course of Accountancy - Class 12 for Commerce Notes PDF Download
Access the comprehensive Crash Course of Accountancy - Class 12 for Commerce Notes for Commerce Exam at EduRev.
Elevate your preparation with well-structured study material and concise notes.
Stay updated with the latest exam pattern and syllabus.
Prepare confidently with practice papers and question banks. Enhance your understanding through detailed paper analysis.
Get access to toppers' notes for valuable insights.
With Crash Course of Accountancy - Class 12 for Commerce Notes PDF download, you can streamline your study and be well-prepared for the Commerce Exam.
Achieve success with EduRev's trusted study resources and boost your scores effortlessly.
Crash Course of Accountancy - Class 12 for Commerce Previous Year Papers
Crash Course of Accountancy - Class 12 for Commerce Previous Year Papers from EduRev: Prepare for Commerce exam with ease using our extensive collection of Previous Year Papers.
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Enhance your exam readiness with Toppers' notes and comprehensive videos.
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Important Questions for Crash Course of Accountancy - Class 12 for Commerce
Important questions are crucial for acing your Commerce exam.
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