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 ChaptersAccounting 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
View All Chapters- Change in Profit Sharing RatioChapter 2
Chapter 2
Change in Profit Sharing Ratio

- Admission of a PartnerChapter 3
Chapter 3
Admission of a Partner

- Retirement or Death of a PartnerChapter 4
Chapter 4
Retirement or Death of a Partner

- Dissolution of a Partnership FirmChapter 5
Chapter 5
Dissolution of a Partnership Firm

- Accounting for Share CapitalChapter 6
Chapter 6
Accounting for Share Capital

- Issue and Redemption of DebenturesChapter 7
Chapter 7
Issue and Redemption of Debentures

- Financial Statements of a CompanyChapter 8
Chapter 8
Financial Statements of a Company

- Analysis of Financial StatementsChapter 9
Chapter 9
Analysis of Financial Statements

- Accounting RatiosChapter 10
Chapter 10
Accounting Ratios

- Cash Flow StatementChapter 11
Chapter 11
Cash Flow Statement

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