NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1 Accounting for Share Capital: Part two in Accountancy for CBSE class 12 is all about accounting for companies and analyzing their financial statements. It’s touted to be a useful resource for students studying for the Class 12 Accountancy exams. It gives students detailed answers to all of the questions. You can download a PDF of Class 12 Accountancy Chapter 1 Solutions from this article.
- All you need to know about NCERT Solutions for Class 12 Accountancy
NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1 PDF- Accounting for Share Capital
Download Class 12 Accountancy Chapter 1 Solutions PDF
The current chapter has various concepts such as public and private limited companies and their functioning, besides other concepts like listed companies, call in arrears, securities, call in advance, and minimum subscription.
And you can go over NCERT solutions that give a gist of all these concepts to understand them better.
Class 12 Accountancy Part 2 Chapter 1 Accounting for Share Capital- Overview
Part 2 Chapter 1 of CBSE Class 12 Accountancy NCERT Solutions is mostly concerned with share capitals and their various varieties. The capital of an organization is divided into small sections known as shares. Shares can be simply transferred from one person to the next, but this exchange is subject to certain rules and conditions. The investor is the person who contributes money to the sort of offer.
Proprietorship is limited to the investor’s influence on the estimation of offers. Preference and Equity shares are the two types of shares. Preference permits investors to make more money by purchasing shares in a company. Equity shares are those that do not have a predetermined profit but do provide the owner a voice in the company’s decision-making process.
The forfeiture of shares is discussed extensively in NCERT Solutions of Class 12 Accountancy Part 2 Chapter 1.
NCERT Accountancy Part 2 Book Class 12 Solutions Chapter 1 Weightage Marks
The Accounting for Share Capital Class 12 solutions syllabus includes a total of 20 marks.
Concepts covered in NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1
- Public Company
- Private Limited Company
- Shares, Dividends, and Calls
- Security Premiums
- Assets and Liabilities of a Company
- Types of Share Capital in a Company
- Process of Share Allotment
- Forfeiture of Shares
- The discount on Shares
Highly Important Links For CBSE Class 12 Accountancy
NCERT books and solutions are available for download as PDF. So, you can download them here, and start preparing for the exams:
Benefits of Using NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1
You have hundreds of benefits of going through chapter-wise solutions for Part Two in Accountancy. In the following sections, you will find four such advantages of studying Accountancy from NCERT solutions.
1. It is Concise
All the concepts in chapter one in Accountancy part two are concise. So, you can grasp them quickly by going through the solutions.
2. It is as per the Latest Syllabus
All the concepts in the solutions for Part Two, chapter one, are according to the latest syllabus prescribed by the board. You can rest assured that you will find those questions that are likely to appear in the exams.
3. It has Question Papers for Practice
Chapter-wise solutions from NCERT also give questions at the end of each chapter, and Chapter one in part two Accountancy is indifferent to this rule. So, you have questions that you can work on, and each question is a variant of the ones that are likely to appear in the exams. You would be thorough with all the concepts in the chapter by going through the solutions.
4. It Builds upon the Foundational Knowledge of the Students
Each topic that the chapter discusses is a continuation of the concepts that you learned in class 11. So, if class 11 laid the foundation in Accountancy, grade 12 builds upon it and makes it stronger. In turn, this solid foundational knowledge will help you not only to write the board exams but also to pursue higher education in the field of commerce.
We have covered the detailed guide on CBSE NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1. Feel free to ask any questions in the comment section below.
FAQs on NCERT Part 2 Class 12 Accountancy Chapter 1 Solutions
What are the benefits of the CBSE NCERT Solutions for Class 12 Account Part 2 Chapter 1?
Go through the above blog for the benefits of solving NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1.
What Are Preference Shares?
Preference shares are securities that entitle the holder to a profit.
Is it possible to get the NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1 for free?
Yes, students can get the NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1 in PDF format for free from the above article.
What do we learn from this Accountancy Part 2 Chapter 1?
The first chapter is Accounting for Share Capital. You also have NCERT solutions for Accountancy Part Two for CBSE class 12 that explain various concepts in the first chapter.
How many questions are there in NCERT Solutions for Class 12 Accountancy Part 2 Chapter 1?
NCERT Solutions for Class 12 Accountancy Part 1 Chapter 1 PDF consists of Forty two questions and solutions.