Accountancy in Class 12 serves as an integral component not only for Boards but also for the curriculum of courses like Chartered Accountancy, Company Secretary, Bachelor of Commerce, etc. The NCERT Class 12 Accountancy syllabus offers a lot of deep and complex concepts that we aim to simplify through our NCERT solutions.

As such, we have structured our NCERT Class 12 Accountancy solutions to be well-researched and well-written. Our solutions are made to be easily understandable and appropriate for school exams and competitive exams. The solutions clear any doubts that students might have based on NCERT readings and also give deeper insights into the curriculum.

Our Worksheet section can be a good platform to confirm and test the understanding of the syllabus. The worksheets test the critical areas of the curriculum and help students identify weak areas.

Benefits Class 12 Accounting Solutions:

The advantages of using NCERT Class 12 Accounting Solutions are numerous. Every candidate’s concerns will be cleared, and all potential questions on these topics will be answered here.

The NCERT Solutions for Class 12 Accountancy provide a clear understanding of the topics discussed in each chapter. Students’ lives are made easier by the easy-to-understand study content. These are produced with the sole purpose of assisting students in obtaining the highest possible exam score. The solutions also provide real-world examples of NCERT Class 12 Accountancy questions so that students can solve any issue with ease. This pdf file solution covers all possible topics that students will have to address in their review to help them get more marks in their 12th Boards.

Chapter-wise Solutions For NCERT Class 12 Accountancy

Chapter 1: Accounting for NPO organization

This chapter focuses on Not-for-Profit Organisation, Receipts and Payments Account, Income and Expenditure Account, Special Receipts and Incidental Trading Activity.

Chapter 2: Accounting for Partnership: Basic Concepts

This chapter focuses on Partnership, Interest on Capital, Fixed Capital Account, Profit and Loss Appropriation, Fluctuating Capital Account and Partner’s Current Account

Chapter 3: Reconstitution of a Partnership Firm – Admission 112 of a Partner

This chapter Focuses on Reconstitution of Partnership Firm, Revaluation of Assets, Reassessment of liabilities, Undistributed and accumulated profits and losses, Goodwill, Revaluation Account, Sacrificing Ratio and Change in Profit Sharing Ratio.

Chapter 4: Reconstitution- Retirement-Death of a Partner

This chapter focuses on Retirement of a Partner, Executors of deceased Partner, Death of a Partner, Executor’s Account and Gaining Ratio.

Chapter 5: Dissolution of Partnership firm

This chapter Focuses on Dissolution of Partnership, Compulsory Dissolution, Dissolution of Partnership, Dissolution by Notice Firm, Realisation Expenses, Partnership at Will and Realisation Account.

Chapter 6: Accounting for Share Capital

This chapter Focuses on Joint Stock Company, Premium on Shares, Share Capital, Application Money, Forfeiture of Shares, Reserve Capital, Shares, Buy-back of Shares etc…

 Chapter 7: Issue and Redemption of debentures

This chapter Focuses on Debenture, Discount/Loss on Issue of Debenture, Mortgaged Debenture, Zero Coupon Rate Debenture, Draw of Lots, Own Debentures, Registered Debenture etc…

Chapter 8: Financial statements of a company

This chapter Focuses on Financial Statements, Statement of profit and loss, Balance Sheet, Cost of Material consumed and Shareholders Funds.

Chapter 9: Analysis of Financial statements

This chapter Focuses on Financial Analysis, Common Size Statements, Comparative Statements, Trend Analysis, Ratio Analysis, Cash Flow Statement, etc…

Chapter 10: Accounting Ratios

This chapter Focuses on Financial Analysis, Common Size Statements, Comparative Statements, Trend Analysis, Ratio Analysis, Cash Flow Statement, etc…

We are also offering animated classes for NCERT Class 6-10 for all subjects and Online Classes for NCERT Class 11 & 12 for Commerce and Science that are completely based on the latest syllabus of CBSE Board so that you can study independently with utmost ease at your own pace without the need of any external help from tutor or parents. We also offer classes from Nursery to Class 5 for all subjects. The content is prepared in such a way that you don’t even need any doubt-solving session as most of the doubts arise while studying gets solved when you learn with our visual and student-friendly course.

What We Provide in Our Course?

1. Digital Content: – Takshila Learning’s Digital Content includes 3D/2D animated videos as per CBSE and NCERT curricular. It include complete video database of your class with 100% course coverage.

2. Takshila Learning Exam Guru: – Takshila Learning’s Exam Guru is practice/Test series software which are specially designed for student’s practice purposes. It is available in online and offline format.

3. Takshila Learning Studio: – Takshila Learning’s Studio is online software. It is similar to encyclopedia. Students can search anything related to their syllabus and they will get the related information required.

So, here with the help of Takshila Learning you can learn with ease in the comfort and safety of your home on your own. No more worries now of finding the best teacher for correct guidance or help in studies. Even though the teaching is through the internet, in the form of animated videos via which you can learn with utmost ease, understand better and more from visuals.  

Learning will be easier now!!

Learning Is Fun Now!!

ENJOY LEARNING WITH US!!