NCERT Solutions for Accountancy Class 12

NCERT Solutions for Class 12 Accountancy provides a wide range of concepts and advanced information regarding the subject, which includes all the questions provided in the NCERT books. Students who aspire to score full marks are advised to use the NCERT Solutions from BYJU’S.

NCERT Solutions For Accountancy Class 12

NCERT Solutions for Class 12 Accountancy, chapter-wise, are given below.

Units Name of the Chapter
Part 1
Unit 1 Accounting for Partnership Firms – Basic Concepts
Unit 2 Reconstitution of a Partnership Firm – Admission of a Partner
Unit 3 Reconstitution of a Partnership Firm – Retirement/Death of a Partner
Unit 4 Dissolution of Partnership Firm

The following chapters have been removed from the NCERT Class 12 Accountancy Part I textbook 2023-24.

Accounting for Not-For-Profit Organisation

Part 2
Unit 1 Accounting for Share Capital
Unit 2 Issue and Redemption of Debentures
Unit 3 Financial Statements of a Company
Unit 4 Analysis of Financial Statements
Unit 5 Accounting Ratios
Unit 6 Cash Flow Statement

Over the centennials, accounting has been preserved and limited to the monetary record-keeping activities of the accountant. However, the current day’s swiftly developing trade environment has compelled the accountants to amend their representation and functions, both within the establishment and the association. The role of an accountant has now deviated from that of a minor endorser of transactions to that of the representative furnishing the applicable data to the decision-making team. Chiefly, accounting today is much more advanced than just bookkeeping and the formation and preparation of financial reports. Accountants are now proficient enough to work in fields such as e-commerce (designing web-based remittance schemes), financial planning, environmental accounting, forensic accounting (resolving breaches such as computer hacking and the robbery of a huge sum of money in cyberspace), etc.

NCERT Solutions for Class 12 Accountancy provides a wide range of illustrative examples, which help the students to comprehend and learn quickly.

Access and download NCERT Class 12 Books here.

The above-mentioned is the syllabus for CBSE Class 12. For more solutions and study materials of NCERT Solutions for Class 12 Accountancy, visit BYJU’S or download the app for more information and the best learning experience.


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  1. most useful to text book and question bank also regarding for 12 class students and staff .