DK Goel Solutions
for Class 11 & 12
Accountancy
Free, chapter-wise step-by-step solutions by expert teachers updated for the latest DK Goel Accountancy textbooks 2026–27
Why DK Goel is the #1 Choice for CBSE Commerce
DK Goel is the book students reach for when they want deeper practice and clearer conceptual explanations of all Accountancy topics in Class 11 and 12.
Practical Numericals
There are hundreds of solved and unsolved problems that go beyond NCERT: exactly what boards test.
Crystal Clear Concepts
Each topic starts with theory understanding before moving to solved examples..
Latest 2026–27 Edition
Solutions have been verified against the current DK Goel edition as per CBSE 2026–27 syllabus.
Expert-Verified Answers
All solutions checked by our experienced CBSE accountancy teachers from top schools.
100% Free, Always
Every solution for Class 11 and 12 is free forever for benefit of students.
Career Foundation
Strong base for CA Foundation, CMA, CS Executive, and other professional courses.
What Makes Our Solutions Different
Not just answers, we have provided free complete explanations your teacher would give you.
Proper Formats & T-Accounts
All Journal entries, Ledger T-accounts, Balance Sheets and P&L statements are drawn in the exact CBSE-prescribed format so that you can learn presentation and how to write answers in exams.
Explicit Working Notes
We show every intermediate calculation, sacrifice ratio, revaluation entries, capital adjustments so that you can understand the problems and the concept behind it too.
Step-by-Step Narrations
Each journal entry includes a narration, teaching you the habit that CBSE examiners reward with full marks.
Updated for 2025–26 & 2026–27
Solutions are aligned to the current academic year's DK Goel editions so that when you buy the book you can see the latest solutions too.
DK Goel Class 11 Accountancy Solutions 2026–27
All 27 chapters of DK Goel's Financial Accounting for Class 11, free solutions have been updated for 2026 - 27 session.
DK Goel Class 12 Accountancy Solutions 2026–27
Three books, all in one place. Part A Vol 1 (Partnership), Part A Vol 2 (Company Accounts), and Part B (Financial Statement Analysis).
Class 12 Chapter Weightage & Difficulty Guide
Plan your revision smartly. These are the chapters that carry the most marks - focus there first to get more marks.
| Chapter | Book | Importance | Approx. Marks | Key Tip |
|---|---|---|---|---|
| Partnership: Fundamentals | Part A Vol 1 | Medium | 16–20 marks | Capital A/c format |
| Admission of a Partner | Part A Vol 1 | High | 20–24 marks | Sacrificing ratio |
| Retirement / Death of Partner | Part A Vol 1 | High | 16–20 marks | Gaining ratio + settlement entries |
| Dissolution of Firm | Part A Vol 1 | High | 12–16 marks | Realisation A/c format |
| Not-for-Profit Organisations | Part A Vol 1 | Medium | 10–12 marks | Receipts & Payments format |
| Issue of Share Capital | Part A Vol 2 | Medium | 16–20 marks | Forfeiture & re-issue entries |
| Issue & Redemption of Debentures | Part A Vol 2 | High | 16–20 marks | DRR and redemption methods |
| Accounting Ratios | Part B | Easy | 12–14 marks | Memorise formula sheet |
| Cash Flow Statement | Part B | High | 12–16 marks | Understand logic |
| Common Size Statements | Part B | Easy | 6–8 marks | Quick wins |
Key Formulas & Accounting Rules- Cheat Sheet
Bookmark this section. These are the most-tested formulas in CBSE Class 11 & 12 Accountancy.
Personal A/c: Debit the receiver
Nominal A/c: Debit all expenses & losses
Capital = Assets − Liabilities
Gaining = New Share − Old Share
New Share = Old + Acquired
Normal Profit = Capital × NRR / 100
Goodwill = Super Profit × Years
WDV = Book Value × Rate / 100
Quick Ratio = Quick Assets / CL
Quick Assets = CA − Inventory − Prepaid
High-Priority Problems: Hot Picks for Board Exams
Our teachers have given the questions and topics below which generally appear in every exam every year.
Full Partnership Appropriation A/c with Interest on Capital + Drawings
Class 12, Ch 2. Tests capital method, interest calculations and P&L distribution in one question.
Admission with Goodwill (Premium + Hidden Goodwill)
Class 12, Ch 4. At least one such problem appears in every CBSE board paper.
Retirement with Revaluation Account & Capital Adjustment
Class 12, Ch 5. Combines gaining ratio, revaluation, and settlement, tests multiple concepts.
Dissolution Realisation Account with Loan from Partner
Class 12, Ch 6. Tricky entries for partner's loan vs capital.
Share Forfeiture and Re-issue at Discount
Class 12, Ch 7. Tests forfeiture journal entries and Capital Reserve calculation.
Debenture Redemption, Sinking Fund Method
Class 12, Ch 9. DRR + Sinking Fund Investment entries appear in 30–40% of board papers.
Receipts & Payments → Income & Expenditure Conversion
Class 12, Ch 1. NPO statements: converting one to another with adjustments
Cash Flow Statement (Indirect Method)
Class 12, Part B Ch 6. Operating activities via indirect method, high-marks question.
Bank Reconciliation Statement with Errors
Class 11, Ch 15. BRS with timing differences and errors, a scoring chapter many students skip.
Financial Statements with Multiple Adjustments
Class 11, Ch 22. Trading Account + P&L + Balance Sheet with 5–8 adjustments at once.
DK Goel vs NCERT- Which One Do You Need?
NCERT builds concepts, DK Goel builds exam-winning practice. Here's what each does best.
📙 DK Goel - Best For
- Deep numerical practice with hundreds of problems
- Format-based questions exactly like board exams
- Higher-order thinking problems more than NCERT scope
- Comprehensive value-based and case-study questions
- Strong preparation support for CA Foundation
- MCQs and short answer questions at the end of chapters
📗 NCERT - Best For
- Building foundational concepts and theory from scratch
- The NCERT exercises directly prescribed by CBSE
- Definitions and key terms examiners expect
- Baseline coverage for all chapters
- Confirming that you did not miss any chapter
- Introduce concepts clearly before numericals
Common Questions from Students
Everything you need to know about DK Goel solutions, the book, and how to use them for board exam success.
Is DK Goel enough for Class 12 boards?
You should study NCERT and DK Goel book together to completely understand all concepts then it will be fine.
Are these solutions for the latest 2026–27 book?
Yes. All solutions on this page have been prepared and verified against the 2026–27 edition of DK Goel Accountancy for both Class 11 and Class 12.
Are DK Goel solutions completely free?
All chapter-wise solutions for Class 11 and Class 12 are available at no cost. No subscription or login required.
How to solve difficult problems in DK Goel Accountancy?
Start by reading the theory section of the chapter carefully. Study the solved examples before attempting unsolved questions.
Is DK Goel based on the latest NCERT/CBSE guidelines?
Yes. DK Goel textbooks are fully aligned with CBSE's current syllabus. All formats (Journal, Ledger, Balance Sheet) match CBSE's prescribed presentation standards.
How many chapters in DK Goel Class 11 Accountancy?
DK Goel Class 11 Accountancy has 27 chapters covering everything from Basic Accounting Terms and Journal to Financial Statements and Tally software.
What is the difference between Part A and Part B in Class 12?
Part A covers Partnership Accounts (Vol 1) and Company Accounts (Vol 2). Part B covers Analysis of Financial Statements including Ratios and Cash Flow.
Is DK Goel helpful for CA Foundation exams?
Yes. The conceptual depth and problem variety in DK Goel build an excellent base for CA Foundation's Principles and Practice of Accounting paper.
Start Studying Smarter Today
Free, expert teacher verified, chapter-wise solutions, everything you need to get best marks in CBSE Accountancy exams in 2026–27.