CBSE Class 12-commerce Accountancy Revision Notes for Reconstitution: Admission of a Partner
Accountancy is a subject closely related to any trade. This subject records, allocates and outlines the transactions of a business. It assesses and manages the monetary outcome of the institution. It may also record the classification and reporting of transactions. The final financial report that is made based on this data is known as a financial statement. So, it is essential that your Accountancy foundation is very strong.
Accountancy Chapters for Revision Notes
- Accounting for Partnership: Basic Concepts
- Goodwill: Nature and Valuation
- Reconstitution: Change in Existing Profit Sharing Ratio
- Reconstitution: Retirement/Death of a Partner
- Dissolution of Partnership Firm
- Accounting for Not-for-Profit Organisation
- Accounting for Share Capital
- Issue of Debentures
- Redemption of Debentures
- Financial Statements of the Company
- Accounting Ratios
- Cash Flow Statements
- Analysis of Financial Statements
Why CBSE Class 12 Commerce Accountancy solutions are important?
Accountancy is a subject which requires constant practice to balance the equation and to understand concepts as well. For more practice related to the subject, study materials such as sample papers, previous years' papers and NCERT solutions are required.
Our in-house experts provide the best solutions for textbook questions and sample paper questions. Chapter-wise NCERT solutions for Class 12 Accountancy are easily accessible at TopperLearning. Use these solutions to get maximum practice.
To prepare for your Accountancy exam, you need to attempt solving different kinds of questions. One of the best ways to assess your problem-solving abilities is to attempt solving previous years' papers with a timer set. Our solutions will come in handy to help you with checking your answers and thus improving your learning experience. So, to score more marks in your Class 12 board exams, use our different solutions which will enable you with the right amount of preparation.
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