NCERT Solutions Class 12 Accountancy

NCERT Solutions for Class 12 Accountancy Part-1

The NCERT accountancy textbooks cover the entire CBSE-approved syllabus for 12th grade board exams. To separate the relevant topics and concepts, the curriculum has been divided into two halves. Thus, the NCERT books for class 12 accountancy are divided into two parts.

Part 1 of the NCERT accounting book covers Partnership accounts, while Part 2 covers Company Accounts and Financial Statement Analysis. Each section of the curriculum has been meticulously detailed in order to assist students in achieving the highest possible marks on board exams. The NCERT Solutions for Class 12 Accountancy Volume 1 include a variety of illustrative examples to assist students in quickly comprehending and learning.

NCERT Class 12 Accountancy Part I Chapter-wise Solutions

The syllabus focuses on improving fundamental understanding of the nature and purpose of accounting information, as well as its application in business operations. This improves students’ logical reasoning, analytical skills, and judgmental abilities. Students can download the chapter-wise NCERT Solutions for Class 12 Accountancy part 1 as given below.

NCERT Solutions For Class 12 Accountancy to Download

NCERT Solutions are regarded as an extremely useful resource for exam preparation. The solutions prepared by Extramarks are written by subject experts and are guaranteed to help students achieve high grades. The questions in NCERT Books are prepared in accordance with CBSE, and thus have a higher chance of appearing on CBSE question papers. These NCERT Solutions for Class 12 Accountancy not only strengthen students’ foundation in the subject, but also give them the ability to easily tackle different types of questions.

NCERT Solutions of Class 12 Accountancy

Extramarks’ NCERT class 12 accountancy part 1 solutions is highly beneficial when it comes to practical questions. Students can use these textbook solutions for exams as well as for their daily homework. The  solutions are simple to understand, and each step in the solution is described to correspond to the students’ understanding.

CBSE Class 12 Accountancy Solutions Weightage Marks

In the final examinations, NCERT Class 12 Accountancy Part 1 and 2 Solutions carry a total of 100 marks.

The topics included in 12th Accountancy NCERT Solutions for Part 1 are as follows:

This unit covers the fundamentals of partnership, such as business transactions and accounting.

Part 2 of the NCERT Solutions for Class 12th Accounts covers the following topics:

This unit covers the basics of financial statements and how to read them. It delves into topics such as what a statement means to a company, its goals, and analysis.

Preparation Tips

• The study should be planned in accordance with the CBSE syllabus and NCERT Books
• After you’ve grasped the concept, find the logic behind the definitions so that you can write it down as clearly as possible rather than rote learning
• Students should concentrate on the features, benefits, and drawbacks of various concept topics because these questions appear frequently on Board exams
• Students should gain a thorough understanding of how a formula works, as memorising formulas will result in incomplete learning
• Create your own chapter-by-chapter notes. Preparing a chapter-by-chapter formula sheet and revising it on a regular basis is the best way to remember formulas
• Prepare neat and clean working notes for the calculations that will be entered into journals as well as accounts
• When creating formats for journals, ledgers, and balance sheets, students should pay close attention. Practice drawing formats to help students’ complete solutions faster and finish papers on time
• Mark the concepts that you don’t understand. Refer to the NCERT solutions for class 12 accountancy volume 1 to clear your doubts
• Create a plan for revision. Divide your time between all of the chapters and begin working on the questions that you found difficult to answer while practising
• Begin by solving old exam papers while keeping the time in mind. Set the clock to the exam time and try to solve as much as possible within the time limit to get exam practice. This will aid in better exam time management
• Sample papers can be extremely useful in determining your current level of proficiency
• When doing calculations, use extreme caution to avoid making silly mistakes

Benefits of NCERT Solutions for Class 12 Commerce Accounts

• The chapters in the solutions are organised in the same order as they are in the textbook, making it easy for students to refer to the solutions when they have questions
• All of the answers are written in a clear and simple manner, making the concepts very easy to understand
• NCERT solutions for class 12 accountancy part 1 have been written by highly qualified teachers, which makes them highly reliable
• Students will need no additional materials to use these solutions as they strictly adhere to the NCERT guidelines
• These solutions also include worked-out numerical problems and real-life situations. These are extremely important in terms of the exam. Make sure you go through them from beginning to end so that the concepts are crystal clear
• NCERT solutions for class 12 accountancy volume 1 are extremely simple to use. Students can download the solutions available at Extramarks and practice them offline. In a nutshell, you can get to everything quickly and easily
• The solutions are entirely free of charge
• These answers will create a strong foundational understanding of the subject matter, which helps to pave the way for future studies