{"id":86793,"date":"2023-08-10T17:52:00","date_gmt":"2023-08-10T12:22:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=86793"},"modified":"2023-09-01T16:44:10","modified_gmt":"2023-09-01T11:14:10","slug":"dk-goel-class-12-accountancy-solutions","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/","title":{"rendered":"DK Goel Class 12 Accountancy Solutions | Download Chapter-wise Free PDF"},"content":{"rendered":"\n<p>As the Board exams are important for every Class 12<sup>th<\/sup> student, so is their preparation for the exams. For good preparation, the students definitely need a good and explanatory book. For Class 12\u00a0students of the Commerce stream, DK Goel Class 12 Accountancy Solutions is one of the best books for board exam preparation.<\/p>\n<p>All those students who want to clear their <a href=\"https:\/\/www.kopykitab.com\/blog\/cbse-class-12-accountancy\/\" target=\"_blank\" rel=\"noopener\">Class 12 Accountancy<\/a> basics can read DK Goel Class 12 Accountancy Solutions. It explains all the topics in detail and all the numerical questions are solved in a way that makes it easier for students to understand.\u00a0 There are 2 parts to this book, Part 1 has 5 chapters while Part 2 has six chapters.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69e56a7fedaf8\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69e56a7fedaf8\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#why-should-students-opt-for-dk-goel-class-12-accountancy-solutions\" title=\"Why should students opt for DK Goel Class 12 Accountancy Solutions?\">Why should students opt for DK Goel Class 12 Accountancy Solutions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#download-dk-goel-class-12-accountancy-solutions-pdf-%e2%80%93-chapter-wise\" title=\"Download DK Goel Class 12 Accountancy Solutions PDF \u2013 Chapter-wise\">Download DK Goel Class 12 Accountancy Solutions PDF \u2013 Chapter-wise<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#dk-goel-class-12-accountancy-solutions-list-of-chapters-%e2%80%93-part-1\" title=\"Dk Goel Class 12 Accountancy Solutions list of chapters &#8211; Part 1 \">Dk Goel Class 12 Accountancy Solutions list of chapters &#8211; Part 1 <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#dk-goel-class-12-accountancy-solutions-list-of-chapters-%e2%80%93-part-2\" title=\"Dk Goel Class 12 Accountancy Solutions list of chapters &#8211; Part 2\">Dk Goel Class 12 Accountancy Solutions list of chapters &#8211; Part 2<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#dk-goel-class-12-accountancy-solutions-%e2%80%93-brief-intro-part-1\" title=\"DK Goel Class 12 Accountancy Solutions \u2013 brief intro, part 1 \">DK Goel Class 12 Accountancy Solutions \u2013 brief intro, part 1 <\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#company-accounts-financial-statements-of-not-for-profit-organizations\" title=\"Company Accounts Financial Statements of Not-For-Profit Organizations\">Company Accounts Financial Statements of Not-For-Profit Organizations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#change-in-profit-%e2%80%93-sharing-ratio-among-the-existing-partners\" title=\"Change in Profit \u2013 Sharing Ratio Among the Existing Partners\">Change in Profit \u2013 Sharing Ratio Among the Existing Partners<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#admission-of-a-partner\" title=\"Admission of a Partner\">Admission of a Partner<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#retirement-or-death-of-a-partner\" title=\"Retirement or Death of a Partner\">Retirement or Death of a Partner<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#dissolution-of-a-partnership-firm\" title=\"Dissolution of a Partnership Firm \">Dissolution of a Partnership Firm <\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#dk-goel-class-12-accountancy-solutions-%e2%80%93-brief-intro-part-2\" title=\"Dk Goel Class 12 Accountancy Solutions \u2013 brief intro, part 2\">Dk Goel Class 12 Accountancy Solutions \u2013 brief intro, part 2<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#financial-statements-of-companies-as-per-schedule-iii\" title=\" Financial Statements of Companies (As per Schedule III)\"> Financial Statements of Companies (As per Schedule III)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#financial-statement-analysis\" title=\" Financial Statement Analysis\"> Financial Statement Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#tools-for-financial-analysis-comparative-statements\" title=\" Tools for Financial Analysis: Comparative Statements\"> Tools for Financial Analysis: Comparative Statements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#common-size-statements\" title=\" Common Size Statements\"> Common Size Statements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#accounting-ratios\" title=\" Accounting Ratios\"> Accounting Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#cash-flow-statements-as-per-as-%e2%80%93-3-revised\" title=\" Cash Flow Statements (As per AS \u2013 3 Revised)\"> Cash Flow Statements (As per AS \u2013 3 Revised)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#faqs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#ques-1-what-are-financial-statements\" title=\"Ques 1: What are financial statements?\">Ques 1: What are financial statements?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#ques-2-what-are-the-important-parts-of-financial-statements\" title=\"Ques 2: What are the important parts of financial statements?\">Ques 2: What are the important parts of financial statements?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/#ques-3-what-are-the-types-of-common-size-statements\" title=\"Ques 3: What are the types of Common size statements?\">Ques 3: What are the types of Common size statements?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"why-should-students-opt-for-dk-goel-class-12-accountancy-solutions\"><\/span><strong>Why should students opt for DK Goel Class 12 Accountancy Solutions?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Students can download the DK Goel Class 12 Accountancy Solutions PDF online. But if you think about why, then there are not just one or two, but many reasons. These reasons are mentioned below:<\/p>\n<ul>\n<li>You can avail of these books free of cost.<\/li>\n<li>Every question is answered completely.<\/li>\n<li>Chapter-wise solutions are available.<\/li>\n<li>All the concepts are explained in an easy way.<\/li>\n<li>All topics are covered entirely.<\/li>\n<li>The necessary information for exams is highlighted.<\/li>\n<li>It is as per the revised CBSE Syllabus.<\/li>\n<li>Subject matter experts have outlined the book.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"download-dk-goel-class-12-accountancy-solutions-pdf-%e2%80%93-chapter-wise\"><\/span><strong>Download DK Goel Class 12 Accountancy Solutions<\/strong><strong> PDF \u2013 Chapter-wise<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"dk-goel-class-12-accountancy-solutions-list-of-chapters-%e2%80%93-part-1\"><\/span><strong>Dk Goel Class 12 Accountancy Solutions<\/strong><strong> list of chapters &#8211; Part 1 <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td width=\"319\">\n<p>Chapter 1<\/p>\n<\/td>\n<td width=\"319\">\n<p>Company Accounts Financial Statements of Not-For-Profit Organizations<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 2<\/p>\n<\/td>\n<td width=\"319\">\n<p>Change in Profit \u2013 Sharing Ratio Among the Existing Partners<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 3<\/p>\n<\/td>\n<td width=\"319\">\n<p>Admission of a Partner<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 4<\/p>\n<\/td>\n<td width=\"319\">\n<p>Retirement or Death of a Partner<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 5<\/p>\n<\/td>\n<td width=\"319\">\n<p>Dissolution of a Partnership Firm<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"dk-goel-class-12-accountancy-solutions-list-of-chapters-%e2%80%93-part-2\"><\/span><strong>Dk Goel Class 12 Accountancy Solutions<\/strong><strong> list of chapters &#8211; Part 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td width=\"319\">\n<p>Chapter 1<\/p>\n<\/td>\n<td width=\"319\">\n<p>Financial Statements of Companies (As per Schedule III)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 2<\/p>\n<\/td>\n<td width=\"319\">\n<p>Financial Statement Analysis<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 3<\/p>\n<\/td>\n<td width=\"319\">\n<p>Tools for Financial Analysis: Comparative Statements<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 4<\/p>\n<\/td>\n<td width=\"319\">\n<p>Common Size Statements<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 5<\/p>\n<\/td>\n<td width=\"319\">\n<p>Accounting Ratios<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">\n<p>Chapter 6<\/p>\n<\/td>\n<td width=\"319\">\n<p>Cash Flow Statements (As per AS \u2013 3 Revised)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"dk-goel-class-12-accountancy-solutions-%e2%80%93-brief-intro-part-1\"><\/span><strong>DK Goel Class 12 Accountancy Solutions \u2013 brief intro, part 1 <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"company-accounts-financial-statements-of-not-for-profit-organizations\"><\/span><strong>Company Accounts Financial Statements of Not-For-Profit Organizations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Dk Goel Class 12 Accountancy Solutions in the first chapter explains Not-For-Profit Organizations as entities without any profit goals. Such organizations work for public benefit or social causes and are also known as Non-business entities. The accounting method of such organizations is different because of the absence of the profit agenda.<\/p>\n<p>The first chapter of DK Goel Solutions will teach the students about calculating the payments, liabilities, receipts, etc. of such Not-For-Profit Organizations.<\/p>\n<ol start=\"2\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"change-in-profit-%e2%80%93-sharing-ratio-among-the-existing-partners\"><\/span><strong>Change in Profit \u2013 Sharing Ratio Among the Existing Partners<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Chapter 2 of DK Goel Class 12 Accountancy Solutions explains to students about calculating the sacrificing ratio, gaining ratio, profit-sharing ratio, etc.<\/p>\n<p>It also explains the ratio which is mutually decided by partners upon a contract, that is some part of the company\u2019s profit. The such ratio depends upon various factors, explained in detail in the DK Goel Accountancy Solutions.<\/p>\n<ol start=\"3\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"admission-of-a-partner\"><\/span><strong>Admission of a Partner<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Chapter 6 in the DK Goel Class 12 Accountancy Solutions talks about the change in the profit shares of old partners caused by a new partner\u2019s entry. This chapter consists of a total of 25 questions, which are solved with full explanations and step-by-step methods.<\/p>\n<ol start=\"4\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"retirement-or-death-of-a-partner\"><\/span><strong>Retirement or Death of a Partner<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>DK Goel Class 12 Accountancy Solutions in chapter 6 discusses the changes of agreement in a partnership contract due to the death, retirement, or withdrawal of a partner from the business.<\/p>\n<p>In any of the conditions mentioned above, the prior accounts will have to be settled, and the calculation of net profits has to be done.\u00a0<\/p>\n<ol start=\"5\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"dissolution-of-a-partnership-firm\"><\/span><strong>Dissolution of a Partnership Firm <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>The final chapter of Volume 1 of DK Goel Class 12 Accountancy Solutions is Chapter 7 which discusses the firm dissolution, where a partnership firm stops the business at some point. It can happen because of many reasons like management issues, debt, etc.<\/p>\n<p>In such a case, the accounts of the partners must be settled according to the rules of the contract agreement. Chapter 7 of DK Goel Class 12 Accountancy Solutions teaches the students about account settlement in case of firm dissolution.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"dk-goel-class-12-accountancy-solutions-%e2%80%93-brief-intro-part-2\"><\/span><strong>Dk Goel Class 12 Accountancy Solutions \u2013 brief intro, part 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>\n<h3><span class=\"ez-toc-section\" id=\"financial-statements-of-companies-as-per-schedule-iii\"><\/span><strong> Financial Statements of Companies (As per Schedule III)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>DK Goel in Chapter 1 talks about Financial Statements, balance sheet, liabilities, assets, and equity and explain every topic in a detailed manner.<\/p>\n<p>Financial Statements are those statements that reflect the financial position of a company at the end of the accounting period. Such statements contain the details of the accounting evaluation and process. Notes to account, balance sheet or position statement, statement of profit and loss, cash flow statement, and income statement are important parts of a Financial Statement.<\/p>\n<p>Other topics apart from the Financial Statements are also explained in detail in the DK Goel Class 12 Accountancy Solutions.<\/p>\n<ol start=\"2\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"financial-statement-analysis\"><\/span><strong> Financial Statement Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Dk Goel Class 12 Accountancy Solutions in Chapter 2 explains the financial analysis, its objective, uses as well as importance, in detail.<\/p>\n<p>Financial Analysis, in DK Goel, is defined as the financial statements giving complex information in monetary terms and revealing the liquidity, solvency, and profitability of an enterprise.<\/p>\n<ol start=\"3\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"tools-for-financial-analysis-comparative-statements\"><\/span><strong> Tools for Financial Analysis: Comparative Statements<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>In Chapter 3, different types of tools for financial analysis are explained. Ratio analysis, cash flow statements, common-size statements, and comparative statements of profit and loss are the tools for financial analysis.<\/p>\n<p>Dk Goel Class 12 Accountancy Solutions in this chapter, talks about types of ratio analysis, comparative statements, etc. in detail. In a company, quantitative analysis of financial statements is done via ratio analysis.\u00a0 \u00a0<\/p>\n<ol start=\"4\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"common-size-statements\"><\/span><strong> Common Size Statements<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Dk Goel Class 12 Accountancy Solutions in chapter 4 discusses the Common size statements which are of 2 types:<\/p>\n<ul>\n<li>Income statement<\/li>\n<li>Balance statement<\/li>\n<\/ul>\n<p>The type of statement, where financial calculations are done with overall income or sales taken as a base, is called an Income statement. Each item in the calculation table is expressed as a percentage of the income or sale.\u00a0 \u00a0<\/p>\n<p>Such statements are used extensively by business owners for understanding the relationship between profit and sales, comparing sales figures in different periods, understanding the relationship between expense and sales, etc.<\/p>\n<p>Similarly, other concepts are explained in detail in DK Goel Class 12 Accountancy Solutions.<\/p>\n<ol start=\"5\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"accounting-ratios\"><\/span><strong> Accounting Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Dk Goel Class 12 Accountancy Solutions in chapter 5 explains accounting ratios and solves numerical questions with step-by-step methods.<\/p>\n<p>Accounting ratios compare two lines of items provided in a financial statement, i.e. the balance sheet, cash flow statement, and income statement. They are essential for the business professional and the accountants for accessing the overall performance of a particular enterprise and required improvement for the future.<\/p>\n<ol start=\"6\">\n<li>\n<h3><span class=\"ez-toc-section\" id=\"cash-flow-statements-as-per-as-%e2%80%93-3-revised\"><\/span><strong> Cash Flow Statements (As per AS \u2013 3 Revised)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ol>\n<p>Cash flow statements and all the concepts related to them are explained in the final chapter of DK Goel Class 12 Accountancy Solutions.<\/p>\n<p>A cash flow statement is defined as a financial statement which details the inflow and outflow of funds and its equivalent. This statement is prepared by a company to determine the usage of money and financial transactions occurring during a period.<\/p>\n<p>For any query regarding the <a href=\"http:\/\/cbse.gov.in\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> Class 12th Exam, you can ask in the comment box.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"faqs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1619683644480\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"ques-1-what-are-financial-statements\"><\/span>Ques 1: What are financial statements?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Answer: Financial Statements are those statements that reflect the financial position of a company at the end of the accounting period. Such statements contain the details of the accounting evaluation and process.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1619683679186\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"ques-2-what-are-the-important-parts-of-financial-statements\"><\/span>Ques 2: What are the important parts of financial statements?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Answer: Notes to account, balance sheet or position statement, statement of profit and loss, cash flow statement, and income statement are important parts of a Financial Statement.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1619683703936\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"ques-3-what-are-the-types-of-common-size-statements\"><\/span>Ques 3: What are the types of Common size statements?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Answer: Common size statements are of 2 types:<br \/>Income statement<br \/>Balance statement<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>As the Board exams are important for every Class 12th student, so is their preparation for the exams. For good preparation, the students definitely need a good and explanatory book. For Class 12\u00a0students of the Commerce stream, DK Goel Class 12 Accountancy Solutions is one of the best books for board exam preparation. All those &#8230; <a title=\"DK Goel Class 12 Accountancy Solutions | Download Chapter-wise Free PDF\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-12-accountancy-solutions\/\" aria-label=\"More on DK Goel Class 12 Accountancy Solutions | Download Chapter-wise Free PDF\">Read more<\/a><\/p>\n","protected":false},"author":243,"featured_media":88811,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[2917,73693,73410],"tags":[75091,75023,3570],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/86793"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/243"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=86793"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/86793\/revisions"}],"predecessor-version":[{"id":466062,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/86793\/revisions\/466062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/88811"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=86793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=86793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=86793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}