Grade 12 › Accountancy

Class 12 Accountancy

Master all 12 chapters with concept notes, worked examples, and MCQ tests — all free.

12 Chapters Online MCQ Tests 2 Tests / Chapter Free Forever
🧮 New · Interactive Lab Run the books — Accounting Equation Simulator, Journal → Ledger Animator & Depreciation Calculator Open the Lab →

Over 1.7 million students appear for the CBSE Class 12 board exams every year. Source: CBSE ↗

🤝
Chapter 1
Accounting for Partnership: Fundamentals
Partnership, the Deed and the Provisions of the Act Profit & Loss Appropriation Account Partners' Capital Accounts: Fixed vs Fluctuating, Interest on Capital & Drawings
Study Test  15 min MCQs  12 min 📝 Paper
🌟
Chapter 2
Goodwill: Nature and Valuation
Meaning, Nature and Factors Affecting Goodwill Average Profit and Super Profit Methods Capitalisation Method
Study Test  15 min MCQs  12 min 📝 Paper
🔄
Chapter 3
Reconstitution: Change in Profit-Sharing Ratio
Sacrificing and Gaining Ratio Treatment of Goodwill and Reserves Revaluation of Assets and Liabilities
Study Test  15 min MCQs  12 min 📝 Paper
➕
Chapter 4
Admission of a Partner
New Profit-Sharing Ratio and Sacrificing Ratio Treatment of Goodwill on Admission Revaluation, Reserves and Capital Adjustment
Study Test  15 min MCQs  12 min 📝 Paper
👋
Chapter 5
Retirement and Death of a Partner
Gaining Ratio and Treatment of Goodwill Revaluation, Reserves and the Retiring Partner's Dues Death of a Partner and the Executor's Account
Study Test  15 min MCQs  12 min 📝 Paper
🔚
Chapter 6
Dissolution of a Partnership Firm
Dissolution: Meaning and Modes The Realisation Account Settlement of Accounts and Order of Payment
Study Test  15 min MCQs  12 min 📝 Paper
🏢
Chapter 7
Company Accounts: Accounting for Share Capital
Company, Shares and Kinds of Share Capital Issue of Shares: Par, Premium, and Calls Over-subscription, Calls-in-Arrears, Calls-in-Advance and Forfeiture
Study Test  15 min MCQs  12 min 📝 Paper
📃
Chapter 8
Company Accounts: Issue of Debentures
Meaning of Debentures and Share vs Debenture Issue of Debentures at Par, Premium and Discount Issue for Consideration and Terms of Redemption
Study Test  15 min MCQs  12 min 📝 Paper
📋
Chapter 9
Financial Statements of a Company
Nature and Uses of Financial Statements The Balance Sheet (Schedule III Format) The Statement of Profit and Loss
Study Test  15 min MCQs  12 min 📝 Paper
🔬
Chapter 10
Analysis of Financial Statements
Meaning, Tools and Limitations of Analysis Comparative Statements Common-Size Statements
Study Test  15 min MCQs  12 min 📝 Paper
📐
Chapter 11
Accounting Ratios
Liquidity Ratios Solvency Ratios Activity and Profitability Ratios
Study Test  15 min MCQs  12 min 📝 Paper
💧
Chapter 12
Cash Flow Statement
Meaning, Objectives and Classification of Activities Cash Flow from Operating Activities Cash Flow from Investing and Financing Activities
Study Test  15 min MCQs  12 min 📝 Paper