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NCERT Solutions for Class 12th accountancy

NCERT Solutions for Class 12th accountancy covers all the questions given in the NCERT book. You can study and download these question and their solutions free from this page. These solutions are solved by our specialists at SaralStudy.com, that will assist all the students of respective boards, including CBSE, who follows NCERT; with tackling all the questions easily. We give chapter wise complete solutions for your straightforwardness.

  • Chapter 1 Accounting for Not-for-Profit Organisation

    Meaning and characteristics, Accounting Record, receipt and Payment account, Income and expenditure account of Not-for-Profit Organisation,Incidental Trading activity.

  • Chapter 2 Accounting for Partnership : Basic Concepts

    Nature of Partnership, Partnership deed,Special Aspects of Partnership Accounts,Maintenance of Capital Accounts of Partners,Distribution of Profit among partners,Guarantee of Profit to a partner, Past Adjustments and Final accounts of Partnership Firm.

  • Chapter 3 Reconstitution of a Partnership Firm - Admission of a Partner

    Modes of Reconstitution of a Partnership Firm, Admission of a new partner, new profit sharing ratio,Sacrificing ration,Goodwill, adjustment for accumulated profits and losses, revaluation of assets and reassessment of Liabilities,Adjustment of Capitals,Change in profit sharing ratio among the existing partners.

  • Chapter 4 Reconstitution of a Partnership Firm - Retirement/Death of a Partner

    Modes of Reconstitution of a Partnership Firm, Admission of a new partner, new profit sharing ratio,Sacrificing ration,Goodwill, adjustment for accumulated profits and losses, revaluation of assets and reassessment of Liabilities,Adjustment of Capitals,Change in profit sharing ratio among the existing partners.