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13 articles
Introduction to Accounting for Partnership
Partnership Deed and Provisions of the Indian Partnership Act 1932
Difference between Limited Liability Partnership and Partnership Firm
Accounting Treatment for Interest on Partner's Capital
Interest on Drawing in case of Partnership
Accounting Treatment of Partner's Loan, Rent Paid to a Partner, Commission Payable to a Partner, Manager's Commission on Net Profit
Profit and Loss Appropriation Account : Journal Entries & Format
Difference between Profit and Loss Account And Profit and Loss Appropriation Account
Capital Accounts of the Partner: Fixed Capital Method
Capital Accounts of the Partner: Fluctuating Capital Method
Difference between Fixed Capital Account and Fluctuating Capital Account
Past Adjustments in Partnership
Guarantee of Minimum Profit to a Partner
Reconstitution of a Partnership Firm : Reasons and Change in Profit Sharing Ratio
Goodwill: Meaning, Factors Affecting Goodwill and Need for Valuation
Methods of Valuation of Goodwill
Average Profit Method of calculating Goodwill
Super Profit Method of Calculating Goodwill
Capitalisation Method of Calculating Goodwill
Accounting Treatment of Accumulated Profits and Reserves: Change in Profit Sharing Ratio
Accounting Treatment of Workmen Compensation Reserve: Change in Profit Sharing Ratio
Change in Profit Sharing Ratio: Accounting Treatment of Investment Fluctuation Fund
Accounting Treatment of Revaluation of Assets and Liabilities: Change in Profit Sharing Ratio
Accounting Treatment of Partner's Capital Account in case of change in Profit Sharing Ratio (Fixed Capital)
Accounting Treatment of Partner's Capital Account in case of change in Profit Sharing Ratio (Fluctuating Capital)
Adjustment in Existing Partner's Capital Account in case of Change in Profit Sharing Ratio
12 articles
Computation of New Profit Sharing Ratio: Admission of a Partner
Computation of Sacrificing Ratio in case of Admission of a Partner
Accounting Treatment of Goodwill in case of Admission of a Partner
Hidden Goodwill: Admission of a Partner
Accounting Treatment of Revaluation of Assets and Liabilities in case of Admission of a Partner
Accounting Treatment of Accumulated Profits and Reserves in case of Admission of a Partner
Accounting Treatment of Workmen Compensation Reserve: Admission of a Partner
Accounting Treatment of Investment Fluctuation Fund in case of Admission of a Partner
Accounting Treatment of Partner's Capital Account: Admission of a Partner (Fixed Capital)
Accounting Treatment of Partner's Capital Account: Admission of a Partner (Fluctuating Capital)
Preparation of Revaluation Account, Capital Account and Balance Sheet
Adjustment of Partner's Capital Account: Admission of a Partner
28 articles
Retirement of a Partner in case of Reconstitution of a Partnership Firm
Computation of New Profit Sharing Ratio: Retirement of a Partner
Calculation of Gaining Ratio: Retirement of a Partner
Difference between Sacrificing Ratio and Gaining Ratio
Accounting Treatment of Goodwill in case of Retirement of a Partner
Hidden Goodwill in case of Retirement of a Partner
Accounting Treatment of Revaluation of Assets and Liabilities in case of Retirement of a Partner
Accounting Treatment of Accumulated Profits and Reserves in case of Retirement of a Partner
Accounting Treatment of Workmen Compensation Reserve in case of Retirement of a Partner
Accounting Treatment of Investment Fluctuation Fund in case of Retirement of a Partner
Accounting Treatment of Partner's Capital Account in case of Retirement of a Partner (Fixed Capital)
Accounting Treatment of Partner's Capital Account in case of Retirement of a Partner (Fluctuating Capital)
Settlement of Amount due to a Retiring Partner when Full Amount is Paid
Settlement of Amount due to a Retiring Partner: Amount Paid in Instalment
Settlement of Amount due to a Retiring Partner: Transferred to Loan Account
Adjustment of Capital Account in case of Retirement of a Partner
Reconstitution of a Partnership Firm in case of Death of a Partner
Calculation of Share of Profit up to the Date of Death of a Partner
Adjustment of Interest on Deceased Partner's Capital, Deceased Partner's Share in Goodwill and Accumulated Profits and Reserves
Accounting Treatment of Revaluation of Assets and Liabilities in case of Death of a Partner
Accounting Treatment of Accumulated Profits and Reserves in case of Death of a Partner
Accounting Treatment of Workmen Compensation Reserve in case of Death of a Partner
Accounting Treatment of Investment Fluctuation Fund in case of Death of a Partner
Accounting Treatment of Partner's Capital Account in case of Death of a Partner (Fixed Capital)
Accounting Treatment of Partner's Capital Account in case of Death of a Partner (Fluctuating Capital)
Accounting Treatment of Amount Due to Deceased Partner
Accounting Treatment of Joint Life Policy in case of Death of a Partner
Accounting Treatment of Individual Life Policy in case of Death of a Partner
10 articles
Dissolution of a Partnership Firm: Meaning, Modes of Dissolution, Modes of Settlement of accounts (Section 48)
Difference between Dissolution of Firm and Dissolution of Partnership
Difference between Firm's Debt and Private Debt
Difference between Realisation account and Revaluation account
Accounting treatment of Accumulated Profits, Reserves, and Losses in case of Dissolution of Firm
Dissolution of Firm: Partner's Capital Account
Dissolution of Partnership Firm: Meaning and Example
Accounting Treatment of Goodwill in case of Dissolution of Firm
Accounting Treatment of Joint Life Policy in case of Dissolution of a Firm
Accounting Treatment of Contingent Assets and Contingent Liabilities in case of Dissolution of a firm
19 articles
Company and its Types
Difference between Public Company and Private Company
Shares : Meaning, Nature and Types
Difference between Preference Shares and Equity Shares
Share Capital: Meaning, Kinds, and Presentation of Share Capital in Company's Balance Sheet
Difference between Capital Reserve and Reserve Capital
Accounting for Share Capital: Issues of Shares for Cash
Issue of Shares At Par: Accounting Entries
Issue of Shares at Premium: Accounting Entries
Issue of Share for Consideration other than Cash: Accounting for Share Capital
Issue of Shares: Accounting Entries on Full Subscription with Share Application
Calls in Arrear: Accounting Entries on Issue of Shares
Calls in Advance: Accounting Entries on Issue of Shares
Oversubscription of Shares: Accounting Treatment
Oversubscription of Shares: Pro-rata Allotment
Oversubscription of Shares: Pro-rata Allotment with Calls in Arrear
Forfeiture of Shares : Accounting Entries on Issue of Shares
Accounting Entries on Re-issue of Forfeited Shares
Disclosure of Share Capital in the Balance Sheet: Accounting Entries on Issue of Shares
14 articles
Issue of Debentures: Meaning, Characteristics, Purpose of Issuing Debentures and Example
Types of Debentures
Difference between Shares and Debentures
Issue of Debentures: Accounting Treatment of Issue of Debenture and Presentation of debentures in balance sheet (with format)
Issue of Debenture at Par and Premium
Issue of Debentures for Consideration other than Cash
Issue of Debenture as Collateral Security
Interest on Debentures
Redemption of Debentures
Redemption of Debentures: Meaning, Sources and Rules regarding Redemption
Redemption of Debentures in case of Lump-Sum
Redemption of Debentures in case of Installment
Redemption of Debentures in case of Purchase of Own Debentures
Redemption of Debentures: Conversion into Shares or New Debentures
4 articles
Financial Statements : Meaning, Objectives, Types and Format
Objectives and Characteristics of Financial Statements
Financial Statement of a Company: Balance Sheet
Profit and Loss Account - Meaning, Format and General Instructions
7 articles
Financial Analysis: Need, Types, and Limitations
Financial Analysis: Uses, Importance, Limitations
Comparative Statement: Meaning, Importance and Techniques of Presenting Financial Statements
Comparative Balance Sheet: Objectives, Advantages and Format of Comparative Balance Sheet
Comparative Income Statement: Objectives, Advantages and Preparation and Format of Comparative Income Statement
Common Size Income Statement: Objectives, Preparation, Format of Common Size Statement
Common Size Balance Sheet: Meaning, Objectives and Format of Common Size Balance Sheet
22 articles
Ratio Analysis- Importance, Advantages and Limitations
Types of Accounting Ratios with Formula
Liquidity Ratio: Meaning, Types, Formula and Illustrations
Current Ratio: Meaning, Significance and Examples
Liquid/Quick Ratio: Meaning, Formula, Significance and Examples
Solvency Ratio: Meaning, Formula, and Significance
Debt-Equity Ratio: Meaning, Formula, Significance and Examples
Total Assets to Debt Ratio: Meaning, Formula and Examples
Proprietary Ratio: Meaning, Formula, Significance and Examples
Interest Coverage Ratio | Meaning, Formula, Calculation and Examples
Activity Ratio: Meaning, Formula and Significance
Trade Receivables Turnover Ratio: Meaning, Formula, Significance and Illustration
Trade Payable Turnover Ratio: Meaning, Formula, Significance and Examples
Working Capital Turnover Ratio: Meaning, Formula, Significance and Examples
Profitability Ratio or Income Ratio: Meaning, Formula and Significance
Overall Profitability Ratio: Meaning, Formula, Significance, and Examples
Gross Profit Ratio: Meaning, Formula, Significance and Examples
Operating Ratio | Formula and Examples
Operating Profit Ratio: Meaning, Formula, Significance and Examples
Net Profit Ratio
Return on Investment (ROI): Meaning, Formula, Significance and Illustrations
Ratio Analysis Formula
What is a Cash Flow Statement?
Cash Flow Statement: Objectives, Importance and Limitations
Classification of Business Activities in Cash Flow: Operating, Investing and Financing Activities
Cash Flow from Operating Activities
Treatment of Special Items in Cash Flow Statement
Treatment of Special Items in Cash Flow Statement-II
Examples of Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Cash Flow Statement: Two Examples
Sourcing of Accounting Software
Computerised Accounting System
Computerized Accounting System - Meaning, Features, Advantages and Disadvantages
Difference between Manual and Computerised Accounting
Difference between Management Information System (MIS) and Accounting Information System (AIS)
Evolution and Features of Computerised Accounting
Components of Computer
Our CBSE Class 12 Accountancy study material is a comprehensive resource for all students preparing for board or competitive exams. It enhances the learning experience by offering chapter-wise weightage, enabling focused revision of important topics. Additionally, it includes sample paper questions for practical application and testing of knowledge.
GeeksForGeeks has created a comprehensive study material for CBSE Class 12 Accountancy, crafted with insights from teachers and successful students. This study material will help students to revise Class 12 Accountancy before exams. Our study material provides chapter-wise notes, with an additional focus on some important concepts that frequently appear in board exams. After completing this study material, you will have covered the entire Class 12 Accountancy syllabus and gained mastery over all crucial concepts.
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GeeksForGeeks offers comprehensive and updated study materials for CBSE Class 12 Accountancy.
Does this guide follow the latest CBSE syllabus?
Yes, the CBSE Class 12 Accountancy study materials provided by GeeksForGeeks are updated for the academic year 2024-25, following the latest NCERT guidelines. They are designed to help students stay current with the syllabus and exam pattern.
Do the study materials include previous years board question papers?
Yes, Accountancy study material includes solutions to previous years board question papers. These solutions allow students to understand the correct approach to answering questions in the exam.
What is the syllabus of Accounts Class 12 CBSE?
The CBSE Class 12 Accountancy syllabus is divided into three parts:Part A: ACCOUNTING FOR PARTNERSHIP FIRMS AND COMPANIESPart B: FINANCIAL STATEMENT ANALYSISPart C: COMPUTERISED ACCOUNTING SYSTEM
How to score good marks in accountancy class 12?
To score well in Class 12 Accountancy, understand the blueprint, master the basics, study the textbook thoroughly, practice regularly, and manage your time effectively.