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Class 12- Book Keeping and Accountancy-Video lectures for Commerce15,873 students learning this week · Last updated on Dec 23, 2024 |
EduRev offers an exceptional course titled Class 12- Book Keeping and Accountancy-Video lectures Course for Commerce students. This comprehensive cour
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se provides in-depth knowledge and understanding of bookkeeping and accountancy concepts specifically designed for Class 12 students. With a focus on video lectures, this course ensures an engaging and interactive learning experience. Gain mastery over commerce subjects with EduRev's Class 12- Book Keeping and Accountancy-Video lectures Course. Start your learning journey today!
Class 12- Book Keeping and Accountancy-Video lectures Study Material
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Class 12- Book Keeping and Accountancy-Video lectures for Commerce Exam Pattern 2024-2025
Class 12- Book Keeping and Accountancy-Video lectures Exam Pattern for Commerce
When it comes to studying Book Keeping and Accountancy for Class 12 Commerce students, video lectures can be an incredibly valuable resource. Not only do they provide an interactive and engaging way to learn, but they also allow students to revisit and review concepts at their own pace. Understanding the exam pattern for this subject is equally important, as it helps students to prepare effectively and perform well in their exams.
Exam Pattern for Class 12 Book Keeping and Accountancy
The exam pattern for Class 12 Book Keeping and Accountancy consists of both theory and practical components. It is important for students to be familiar with the weightage given to each section to allocate their study time accordingly.
Theory Exam Pattern
- The theory paper is typically divided into two sections: Part A and Part B.
- Part A consists of short answer type questions and carries a weightage of around 40 marks.
- Part B consists of long answer type questions and carries a weightage of around 60 marks.
- Students are required to answer all the questions in both sections.
Practical Exam Pattern
- The practical component of the exam is divided into two parts: Project Work and Viva Voce.
- The Project Work carries a weightage of around 10 marks and involves preparing a project report based on a given topic.
- The Viva Voce carries a weightage of around 10 marks and involves an oral examination conducted by an external examiner.
- Both the Project Work and Viva Voce are conducted by the school/college.
Key Pointers for Exam Preparation
Here are some key pointers that students should keep in mind while preparing for their Class 12 Book Keeping and Accountancy exams:
- Understand the exam pattern and weightage given to each section to plan your study time effectively.
- Watch video lectures that cover all the important topics and concepts in detail.
- Practice solving previous years' question papers to familiarize yourself with the exam format and improve time management skills.
- Take regular breaks while studying to avoid burnout and maintain focus.
- Review and revise the topics regularly to reinforce your understanding.
- Seek help from teachers or classmates if you have any doubts or difficulties in understanding certain concepts.
By following these key pointers and utilizing video lectures as a study resource, Class 12 Commerce students can enhance their understanding of Book Keeping and Accountancy and excel in their exams.
Class 12- Book Keeping and Accountancy-Video lectures Syllabus 2024-2025 PDF Download
Commerce Class 12 - Book Keeping and Accountancy - Video Lectures
Commerce 01 - Partnership Accounting - Class 12 - Accountancy
In this video lecture series on Partnership Accounting, students will learn about the fundamentals of partnership accounting, including the concept of partnership, its features, and types. The lectures will cover topics such as accounting treatment of goodwill, revaluation of assets and liabilities, admission of a partner, retirement of a partner, and dissolution of a partnership firm. Students will also understand how to prepare the profit and loss appropriation account and the balance sheet of a partnership firm.
Commerce 02 - Non Profit Organizations - Class 12 - Accountancy
This video lecture series focuses on the accounting for non-profit organizations. Students will gain knowledge about the characteristics and objectives of non-profit organizations, such as schools, hospitals, and charitable institutions. The lectures will cover topics such as receipt and payment account, income and expenditure account, and preparation of balance sheet for non-profit organizations. Students will also learn about the accounting treatment of specific items like subscriptions, donations, and legacies.
Commerce 03 - Single Entry System - Class 12 - Accountancy
In this video lecture series, students will understand the concept and features of single entry system of bookkeeping. The lectures will cover topics such as recording of transactions, preparation of statement of affairs, conversion of single entry into double entry, and preparation of profit and loss account and balance sheet. Students will also learn about the limitations and advantages of the single entry system and its application in small businesses.
Commerce 04 - Bill of Exchange - Class 12 - Accountancy
This video lecture series focuses on the concept of a bill of exchange and its accounting treatment. Students will learn about the parties involved in a bill of exchange, the calculation of the maturity date, and the calculation of the amount due on a bill. The lectures will cover topics such as dishonor of a bill, endorsement, and discounting of a bill. Students will also understand how to record bill transactions in the books of accounts and prepare the necessary accounting entries.
Commerce 05 - Company Accounts - Class 12 - Accountancy
In this video lecture series, students will gain an understanding of the accounting principles and procedures related to company accounts. The lectures will cover topics such as the issue of shares and debentures, forfeiture and reissue of shares, redemption of preference shares, and preparation of various financial statements of a company. Students will also learn about the difference between shares and debentures, the concept of share capital, and the calculation of dividend and interest.
By watching these video lectures, students will be able to develop a strong foundation in bookkeeping and accountancy, specifically in the areas of partnership accounting, non-profit organizations, single entry system, bill of exchange, and company accounts.
This course is helpful for the following exams: Commerce, CA Foundation
How to Prepare Class 12- Book Keeping and Accountancy-Video lectures for Commerce?
How to Prepare Class 12- Book Keeping and Accountancy-Video lectures for Commerce?
Preparing for the Class 12 Book Keeping and Accountancy exam can be a daunting task, but with the help of video lectures, it can become much easier and more enjoyable. EduRev offers a comprehensive video lecture course specifically designed for Commerce students studying Book Keeping and Accountancy at the Class 12 level.
Why Choose Video Lectures?
Video lectures are an excellent way to prepare for exams as they provide a dynamic and engaging learning experience. With video lectures, you have the advantage of visual aids, demonstrations, and real-life examples, making the learning process more interactive and effective. Additionally, video lectures can be accessed anytime and anywhere, allowing you to study at your own pace and convenience.
Key Points for Preparation:
1. Complete Syllabus Coverage: The video lectures offered by EduRev cover the entire syllabus of Class 12 Book Keeping and Accountancy, ensuring that you don't miss out on any important topics.
2. Expert Faculty: The video lectures are conducted by experienced and knowledgeable faculty members who are experts in the field of commerce. Their expertise and teaching methods will help you grasp complex concepts easily.
3. Topic-wise Breakdown: The video lectures are structured in a topic-wise manner, allowing you to focus on specific areas that need more attention. This ensures a comprehensive understanding of each topic and helps in effective revision.
4. Visual Learning: Video lectures provide a visual learning experience, making it easier to understand complex accounting concepts. Visual aids such as charts, graphs, and illustrations enhance comprehension and retention.
5. Practice Questions and Mock Tests: To assess your understanding and track your progress, the video lectures include practice questions and mock tests. This helps in identifying weak areas and revising accordingly.
6. Flexible Learning: With video lectures, you have the flexibility to study at your own pace and convenience. You can revisit specific topics multiple times, pause and resume as needed, and study from the comfort of your own home.
7. Exam-oriented Approach: The video lectures are designed to be exam-oriented, focusing on important concepts, formulas, and techniques that are frequently asked in the Class 12 Book Keeping and Accountancy exam.
Conclusion:
Video lectures offered by EduRev are an excellent resource for Commerce students preparing for the Class 12 Book Keeping and Accountancy exam. With comprehensive syllabus coverage, expert faculty, visual learning aids, and flexible learning options, these video lectures provide an effective and engaging way to prepare for the exam. So, make the most of this opportunity and ace your Class 12 Book Keeping and Accountancy exam with the help of EduRev's video lectures.
Preparing for the Class 12 Book Keeping and Accountancy exam can be a daunting task, but with the help of video lectures, it can become much easier and more enjoyable. EduRev offers a comprehensive video lecture course specifically designed for Commerce students studying Book Keeping and Accountancy at the Class 12 level.
Why Choose Video Lectures?
Video lectures are an excellent way to prepare for exams as they provide a dynamic and engaging learning experience. With video lectures, you have the advantage of visual aids, demonstrations, and real-life examples, making the learning process more interactive and effective. Additionally, video lectures can be accessed anytime and anywhere, allowing you to study at your own pace and convenience.
Key Points for Preparation:
1. Complete Syllabus Coverage: The video lectures offered by EduRev cover the entire syllabus of Class 12 Book Keeping and Accountancy, ensuring that you don't miss out on any important topics.
2. Expert Faculty: The video lectures are conducted by experienced and knowledgeable faculty members who are experts in the field of commerce. Their expertise and teaching methods will help you grasp complex concepts easily.
3. Topic-wise Breakdown: The video lectures are structured in a topic-wise manner, allowing you to focus on specific areas that need more attention. This ensures a comprehensive understanding of each topic and helps in effective revision.
4. Visual Learning: Video lectures provide a visual learning experience, making it easier to understand complex accounting concepts. Visual aids such as charts, graphs, and illustrations enhance comprehension and retention.
5. Practice Questions and Mock Tests: To assess your understanding and track your progress, the video lectures include practice questions and mock tests. This helps in identifying weak areas and revising accordingly.
6. Flexible Learning: With video lectures, you have the flexibility to study at your own pace and convenience. You can revisit specific topics multiple times, pause and resume as needed, and study from the comfort of your own home.
7. Exam-oriented Approach: The video lectures are designed to be exam-oriented, focusing on important concepts, formulas, and techniques that are frequently asked in the Class 12 Book Keeping and Accountancy exam.
Conclusion:
Video lectures offered by EduRev are an excellent resource for Commerce students preparing for the Class 12 Book Keeping and Accountancy exam. With comprehensive syllabus coverage, expert faculty, visual learning aids, and flexible learning options, these video lectures provide an effective and engaging way to prepare for the exam. So, make the most of this opportunity and ace your Class 12 Book Keeping and Accountancy exam with the help of EduRev's video lectures.
Importance of Class 12- Book Keeping and Accountancy-Video lectures for Commerce
Importance of Class 12- Book Keeping and Accountancy-Video lectures Course for Commerce
The Class 12- Book Keeping and Accountancy-Video lectures course offered by EduRev is of utmost importance for commerce students. This course provides a comprehensive understanding of the principles and techniques used in bookkeeping and accountancy, which are essential skills for individuals pursuing a career in commerce.
Key Pointers:
1. Comprehensive Coverage: The video lectures in this course cover all the important topics and concepts of Class 12- Book Keeping and Accountancy. From understanding the basics of accounting to advanced topics like partnership accounts and company accounts, students gain a thorough knowledge of the subject.
2. Interactive Learning: Video lectures offer an interactive learning experience where students can watch and listen to expert instructors explaining complex concepts in a simplified manner. This visual and auditory method of teaching enhances understanding and retention of information.
3. Flexible Learning: The video lectures can be accessed anytime and anywhere, allowing students to learn at their own pace. This flexibility is especially beneficial for commerce students who may have a busy schedule due to other academic commitments or extracurricular activities.
4. Visual Aid: Video lectures utilize visual aids such as charts, graphs, and diagrams to explain complex accounting principles. These visual representations make it easier for students to grasp and remember important concepts.
5. Exam Preparation: The Class 12- Book Keeping and Accountancy-Video lectures course also includes practice questions, sample papers, and mock tests to help students prepare effectively for their examinations. These resources allow students to assess their knowledge and identify areas that require further improvement.
6. Real-life Applications: Bookkeeping and accountancy are not only academic subjects but also have practical applications in the business world. This course helps students understand how accounting principles are applied in real-life scenarios, preparing them for future careers in commerce.
In conclusion, the Class 12- Book Keeping and Accountancy-Video lectures course offered by EduRev is indispensable for commerce students. With its comprehensive coverage, interactive learning experience, flexibility, visual aids, exam preparation resources, and real-life applications, this course equips students with the necessary knowledge and skills to excel in the field of commerce.
The Class 12- Book Keeping and Accountancy-Video lectures course offered by EduRev is of utmost importance for commerce students. This course provides a comprehensive understanding of the principles and techniques used in bookkeeping and accountancy, which are essential skills for individuals pursuing a career in commerce.
Key Pointers:
1. Comprehensive Coverage: The video lectures in this course cover all the important topics and concepts of Class 12- Book Keeping and Accountancy. From understanding the basics of accounting to advanced topics like partnership accounts and company accounts, students gain a thorough knowledge of the subject.
2. Interactive Learning: Video lectures offer an interactive learning experience where students can watch and listen to expert instructors explaining complex concepts in a simplified manner. This visual and auditory method of teaching enhances understanding and retention of information.
3. Flexible Learning: The video lectures can be accessed anytime and anywhere, allowing students to learn at their own pace. This flexibility is especially beneficial for commerce students who may have a busy schedule due to other academic commitments or extracurricular activities.
4. Visual Aid: Video lectures utilize visual aids such as charts, graphs, and diagrams to explain complex accounting principles. These visual representations make it easier for students to grasp and remember important concepts.
5. Exam Preparation: The Class 12- Book Keeping and Accountancy-Video lectures course also includes practice questions, sample papers, and mock tests to help students prepare effectively for their examinations. These resources allow students to assess their knowledge and identify areas that require further improvement.
6. Real-life Applications: Bookkeeping and accountancy are not only academic subjects but also have practical applications in the business world. This course helps students understand how accounting principles are applied in real-life scenarios, preparing them for future careers in commerce.
In conclusion, the Class 12- Book Keeping and Accountancy-Video lectures course offered by EduRev is indispensable for commerce students. With its comprehensive coverage, interactive learning experience, flexibility, visual aids, exam preparation resources, and real-life applications, this course equips students with the necessary knowledge and skills to excel in the field of commerce.
Class 12- Book Keeping and Accountancy-Video lectures for Commerce FAQs
| 1. What is bookkeeping? |  |
Ans. Bookkeeping is the process of recording financial transactions and maintaining financial records of a business. It involves recording daily transactions, such as purchases, sales, receipts, and payments, in the appropriate books of accounts.
| 2. What is accountancy? | |
Ans. Accountancy refers to the process of analyzing, interpreting, and communicating financial information to various stakeholders, such as management, investors, creditors, and regulatory authorities. It involves preparing financial statements, conducting audits, and providing financial advice.
| 3. What is the importance of bookkeeping and accountancy? | |
Ans. Bookkeeping and accountancy are crucial for businesses as they help in keeping track of financial transactions, ensuring accurate financial reporting, making informed business decisions, complying with legal and regulatory requirements, and attracting investors and creditors.
| 4. What are the basic principles of bookkeeping and accountancy? | |
Ans. The basic principles of bookkeeping and accountancy include the principles of double-entry, cost, revenue recognition, matching, consistency, and conservatism. These principles guide the recording, classification, and presentation of financial information.
| 5. What are the different types of accounts in bookkeeping? | |
Ans. The different types of accounts in bookkeeping include assets, liabilities, equity, revenue, and expenses. Each account represents a different category of financial transactions.
| 6. What is the difference between bookkeeping and accounting? | |
Ans. Bookkeeping involves recording financial transactions, while accounting involves analyzing, interpreting, and communicating the financial information. Bookkeeping is a subset of accounting and provides the raw data for accounting.
| 7. What are the different methods of bookkeeping? | |
Ans. The different methods of bookkeeping include single-entry and double-entry bookkeeping. In single-entry bookkeeping, only one entry is made for each transaction, while in double-entry bookkeeping, two entries are made to record the transaction in both the debit and credit sides.
| 8. What are the financial statements prepared in accountancy? | |
Ans. The financial statements prepared in accountancy include the income statement, balance sheet, cash flow statement, and statement of changes in equity. These statements provide information about a company's financial performance, position, and cash flows.
| 9. What are the steps involved in the bookkeeping process? | |
Ans. The steps involved in the bookkeeping process include identifying and analyzing transactions, recording transactions in the appropriate books of accounts, posting entries to the ledger, preparing trial balance, making adjusting entries, preparing financial statements, and closing the books at the end of the accounting period.
| 10. What is the role of a bookkeeper in a business? | |
Ans. The role of a bookkeeper in a business is to record financial transactions, maintain accurate and up-to-date books of accounts, reconcile bank statements, generate financial reports, assist in the preparation of tax returns, and ensure compliance with accounting principles and regulations.
| 11. What are the qualities of a good bookkeeper? | |
Ans. Some qualities of a good bookkeeper include attention to detail, accuracy, organizational skills, knowledge of accounting principles, proficiency in accounting software, confidentiality, and strong analytical and problem-solving skills.
| 12. What are the career opportunities in bookkeeping and accountancy? | |
Ans. Career opportunities in bookkeeping and accountancy include becoming a bookkeeper, accountant, auditor, financial analyst, tax consultant, or financial manager. These roles can be found in various industries and organizations, including businesses, government agencies, and accounting firms.
| 13. What are the challenges faced in bookkeeping and accountancy? | |
Ans. Some challenges faced in bookkeeping and accountancy include staying updated with changing accounting regulations, dealing with complex transactions, managing large volumes of data, maintaining accuracy in financial records, and ensuring the security and confidentiality of financial information.
| 14. Can bookkeeping and accountancy be automated? | |
Ans. Yes, bookkeeping and accountancy can be automated to a certain extent. There are various accounting software available that can automate tasks such as data entry, reconciliation, and financial reporting. However, human involvement is still necessary for analysis, interpretation, and decision-making.
| 15. Are there any professional certifications or qualifications in bookkeeping and accountancy? | |
Ans. Yes, there are several professional certifications and qualifications available in bookkeeping and accountancy, such as Certified Public Accountant (CPA), Chartered Accountant (CA), Certified Management Accountant (CMA), and Certified Bookkeeper (CB). These certifications demonstrate expertise and credibility in the field of accounting.
Best Coaching for Class 12- Book Keeping and Accountancy-Video lectures for Commerce
If you are a commerce student in Class 12 and looking for the best coaching for Book Keeping and Accountancy, look no further than EduRev. EduRev offers free online coaching for Class 12 Book Keeping and Accountancy, providing you with video lectures specifically designed for commerce students. The online study material available on EduRev includes downloadable PDFs, summaries, and important chapters, ensuring that you have all the resources you need to excel in your exams. The video lectures for commerce cover all the topics in the Class 12 Book Keeping and Accountancy course, making it a comprehensive and convenient option for your exam preparation. With EduRev, you can access commerce video lectures and tutorials from anywhere at any time, allowing you to study at your own pace. The platform also provides study resources for other commerce subjects, making it a one-stop solution for all your exam preparation needs. So, if you are looking for the best coaching for Class 12 Book Keeping and Accountancy, EduRev is the perfect online platform for you. Sign up now and start your commerce online course today to ace your exams!
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Full Syllabus, Lectures & Tests to study Class 12- Book Keeping and Accountancy-Video lectures | Docs, Videos, Tests, CBSE, NCERT Curriculum - Commerce | Best Strategy to prepare for Class 12- Book Keeping and Accountancy-Video lectures | Docs, Videos, Tests, CBSE, NCERT Curriculum | Free Course for Commerce Exam
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