CBSE Class 12 Accountancy 2024 Term 1 & Term 2 | Syllabus, Question Papers, Notes, & Solutions

CBSE Class 12 Accountancy

CBSE Class 12 Accountancy 2024 For Term 1 & Term 2: With emerging technology, we can see the advancement in the field of trade and commerce. The role of an accountant is much more than it used to be, the role has advanced from a regular advocate of transactions to the main member to provide valuable information to the decision-making team. Nowadays Accounting is beyond just an act of bookkeeping. The students who wish to pursue CA, CFA, etc. can choose this stream in the CBSE Class 12. Read this article to get complete details on CBSE Class 12 Accountancy.

CBSE Class 12 Accountancy Syllabus for Academic Year 2024 For Term 1 & Term 2

Here you can take a look at the units included in the CBSE Accountancy Syllabus along with the marks distribution.

Term 1 CBSE Class 12 Accounts Syllabus And Marks Distribution 2024

Units Term 1 (MCQ-Based Question Paper) Marks
Part A Accounting for Partnership Firms
1 Fundamentals 18
2 Change In Profit Sharing Ratio
3 Admission Of A Partner
  Company Accounts: Accounting For Shares 12
Part B Analysis of Financial Statement
  Financial Statement of a Company
(i) Statement of Profit and Loss and Balance Sheet in the prescribed form with major headings and subheadings (as per Schedule III to the Companies Act, 2013)
(ii) Tools of Analysis – Ratio Analysis
10
  Accounting Ratios
  OR
  Computerized Accounting 10
  Overview of Computerised Accounting System
Accounting Application of Electronic Spreadsheet
  Total Theory 40
   Project Work (Part -1) 10
  Total Marks 50

Term 2 CBSE Class 12 Accounts Syllabus And Marks Distribution 2024

Units Term 2 (MCQ-Based Question Paper) Marks
Part A Accounting for Not-For-Profit Organisations 10
1 Accounting for Partnership Firm 12
2 Retirement And Death Of A Partner
3 Dissolution Of Partnership Firms
  Company Accounts: Accounting For Debentures 08
Part B Analysis of Financial Statement  
  Financial Statement of a Company
(i) Comparative And Common Size Statements
10
  Cash Flow Statement
  OR  
  Computerized Accounting 10
  Using a Computerised Accounting System
Database Management System
  Total Theory 40
   Project Work (Part -2) 10
  Total Marks 50

CBSE Class 12 Accounts Books 2024 For Term 1 & Term 2

You should have the perfect Accountancy Class 12 books to prepare for the exam. You should note that the book should cover the latest Class 12 Accounts Syllabus. You will also find the exercise in the ending section of every chapter. By solving all questions and developing a thorough concept, you can score a better grade in the final exam.

Accounts Class 12 Chapters

There are vast options in this stream too. You will find the following chapters in Class 12th Accountancy.

Part 1 Class 12 Accountancy Chapters

  • Account Chapter 1 Class 12: Accounting for Not-for-Profit Organization
  • Chapter 2: Accounting for Partnership Firms – Basic Concepts
  • Chapter 3: Reconstitution of A Partnership Firm – Admission Of A Partner
  • Chapter 4: Reconstitution of A Partnership Firm – Retirement/Death Of A Partner
  • Chapter 5: Dissolution of Partnership Firm

Part 2 Class 12 Accounts Chapters

  • Account Chapter 1 Class 12: Accounting for Share Capital
  • Chapter 2: Issue and Redemption of Debentures
  • Chapter 3: Financial Statements of a Company
  • Chapter 4: Analysis of Financial Statements
  • Chapter 5: Accounting Ratios
  • Chapter 6: Cash Flow Statement

CBSE Class 12 Accountancy Solutions 2024 For Term 1 & Term 2

CBSE 12th Accountancy solutions are prepared by the subject experts. These solutions are pertinent to the questions provided in the textbook, therefore there is a higher chance of these questions appearing in the textbook.

These solutions also strengthen the foundation of the subject and the ability to answer any question with ease.

CBSE Class 12 Accountancy Question Papers

It will be good practice to solve the questions as it gives enormous practice and you can ask well check your understanding about a particular topic in that chapter.

You should have the following materials to find the complete question papers related to the Class 12 Accountancy Exam:

  • Class 12 Accountancy Sample Question Papers
  • Class 12 Accountancy Previous year Papers
  • Class 12 Accountancy Question Bank

CBSE Class 12 Accountancy Sample Question Papers

The sample papers always provide a better insight into the exam. You will be well prepared for the exam after solving the Class 12 Sample Question Papers. It not only helps in adapting the format and pattern of the paper but also helps in building up your confidence, and necessary practice right before the exam.

This will be of great help. Every year CBSE releases sample question papers online, it will be better to solve these question papers during your preparation.

CBSE Class 12 Accountancy Previous Year Papers 

Solving Class 12 previous year’s question papers is of great help. There is a possibility of repetition. You will get a fair idea of what is important and the pattern of the paper will be clear.

Solving such papers makes you comfortable and you can easily solve the real-time exam without panicking.

CBSE Class 12 Accountancy Question Bank 2024 For Term 1 & Term 2

The question bank ensures to cover all the questions from every chapter. These question banks are designed by the subject experts, hence they are reliable sources of study material.

The question banks help the students in getting accustomed to the question format and the entire pattern of the question paper.

CBSE Class 12 Accountancy Revision Notes 2024 For Term 1 & Term 2

The Class 12 Accountancy Revision notes that are available online for CBSE Accountancy Class 12 are well-researched and provided by experts. The notes are given in such a way that understanding is easier for the students.

We have covered the detailed guide on CBSE Class 12 Accountancy 2022 For Term 1 & Term 2. Feel free to ask any questions in the comment section below.

FAQs- CBSE Accountancy For Class 12 2024 For Term 1 & Term 2

What is Accountancy?

Accountancy is the process of managing the income and expenses of a business.

What is the role of an accountant?

The role of an accountant is much more than it used to be, the role has advanced from a regular advocate of transactions to the main member to provide valuable information to the decision-making team.

Who can choose Accountancy in Class 12?

The students who wish to pursue CA, CFA, etc. can choose this stream in Class 12th.

How many chapters are there in CBSE 12th Accountancy?

The CBSE class 12th accountancy course consists of 2 parts. Part A has 5 chapters, and Part B has 6 chapters.

What are the basic books for CBSE 12th Accountancy?

The basic book for CBSE Class 12 Accountancy is the NCERT textbook.

What are the books for Class 12 Accountancy?

Read the above blog for the books for Class 12 Accountancy.

What is the field of Accountant?

An accountant is well capable of working in fields like e-commerce, financial planning, environmental accounting, forensic accounting, etc.

Are Class 12 Accounts difficult?

Yes, CBSE 12th Account is quite difficult to score better you need to complete more or less the whole syllabus.

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