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Class 12 Accountancy

Complete Class 12 Accountancy preparation with chapter-wise notes, video lectures, practice questions, important topics and previous year questions.

  • Concept ExplanationsConcepts explained
    in simple language
  • Chapter NotesDownloadable PDFs
    for all chapters
  • Practice QuestionsMCQs, short & long
    answer questions
  • Board PreparationImportant topics,
    PYQs and revision

Chapters

11 Chapters
Chapter 1

Accounting for Partnership Firms – Fundamentals

Partnership Deed & Provisions, Profit and Loss Appropriation Account, Interest on Capital and Drawings and the board questions built on them — roughly 10 marks of the paper.

What’s in this chapter?

  • Partnership Deed & Provisions
  • Profit and Loss Appropriation Account
  • Interest on Capital and Drawings
  • Fixed vs Fluctuating Capital Accounts
  • Guarantee of Profit

Important for

  • Class 12 Board Exams
  • 10 marks weightage in the paper
  • Previous Year Questions
  • Challenging difficulty

More from Class 12 Accountancy

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