NCERT Class 12 Accountancy Part 1 Analysis of Financial Statements

You have learnt about the financial statements (Income Statement and Balance Sheet) of companies. Basically, these are summarised financial reports which provide the operating results and financial position of companies, and the detailed information contained therein is useful…

NCERT Class 12 Accountancy Computerised Accounting Use Of Spreadsheet In Business Applications

INTRODUCTION   In the previous chapter, we have learned about the spreadsheet and its several features that can be used in business applications. In this chapter, we shall discuss the applications of spreadsheet (using Excel) to Payroll Accounting and some other select…

NCERT Class 12 Accountancy Computerised Accounting System Overview

In modern business accounting transactions are processed through computers. Usage of computers and Information Technology (IT) enables a business to quickly, accurately and timely access the information that helps in decision-making. This sharpens the competitive edge and…

NCERT Class 12 Accountancy Computerised Accounting Spreadsheet

INTRODUCTION   A spreadsheet is a configuration of rows and columns. Rows are horizontal vectors while columns are vertical vectors. A spreadsheet is also known as a worksheet. It is used to record, calculate and compare numerical or financial data. Each value can either be an…

NCERT Class 12 Accountancy Computerised Accounting Spreadsheet Data Base Management System

Introduction   One of the major factors for realising the need of Computerised Accounting System is the overwhelming quantity of data in our organisations. The conventionally used paper filing system, text documents, and even spread-sheets may not suffice for the growing needs…

NCERT Class 12 Accountancy Computerised Accounting Graphs and Charts For Business Data

Introduction   In the previous chapter, you were introduced to the basic features of spreadsheet and use of spreadsheet in accounting. Quite often, we have to present the data for communication of the accounting information. If mass of data is presented in the raw form, it may…

NCERT Solutions Class 12 Accountancy Chapter 1 Accounting for Not for Profit Organisation

Question 1: Explain the statement: “Receipt and Payment Account is a summarised version of Cash Book”. ANSWER: Receipts and Payments Account is a summary of the Cash Book. This account is prepared by those organisations which maintain their books on cash basis. All cash…

NCERT Solutions Class 12 Accountancy Chapter 4 Reconstitution of a Partnership Firm Retirement Death of a Partner

  NCERT Solutions Class 12 Accountancy Reconstitution of a Partnership Firm Retirement Death of a Partner. Accountancy in class 12 is an important subject for commerce students. Its easy to learn and can help to get good marks. These NCERT solutions have been made to…

NCERT Solutions Class 12 Accountancy Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner

  NCERT Solutions Class 12 Accountancy Reconstitution of a Partnership Firm Admission of a Partner. Accountancy in class 12 is an important subject for commerce students. Its easy to learn and can help to get good marks. These NCERT solutions have been made to give…

NCERT Solutions Class 12 Accountancy Chapter 2 Issue and Redemption of Debentures

  NCERT Solutions Class 12 Accountancy Issue and Redemption of Debentures. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce…

NCERT Solutions Class 12 Accountancy Chapter 3 Financial Statements of a Company

  NCERT Solutions Class 12 Accountancy Financial Statements of a Company. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce…

NCERT Solutions Class 12 Accountancy Chapter 5 Dissolution of Partnership Firm

  NCERT Solutions Class 12 Accountancy Dissolution of Partnership Firm. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce students…

NCERT Solutions Class 12 Accountancy Chapter 6 Cash Flow Statement

  NCERT Solutions Class 12 Accountancy Cash Flow Statement. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce students. Its easy to…

NCERT Solutions Class 12 Accountancy Chapter 4 Analysis of Financial Statements

  NCERT Solutions Class 12 Accountancy Analysis of Financial Statements. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce students…

NCERT Solutions Class 12 Accountancy Chapter 5 Accounting Ratios

  NCERT Solutions Class 12 Accountancy Accounting Ratios. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce students. Its easy to…