CBSE Class 12

CBSE Class 12 Accountancy — chapter-wise notes, questions and revision

Study Accountancy one chapter at a time with NCERT-aligned notes, sample questions and quick-revision points.

Start Class 12 Accountancy free →

About Class 12 Accountancy

Accountancy is part of the CBSE Class 12 syllabus. CBSERevision covers it chapter by chapter across 10 chapters. Each chapter page explains the NCERT chapter in student-friendly language, lists the key points to revise, and includes sample MCQs and questions with answers.

Class 12 Accountancy chapters

Open a chapter for notes, key points, sample questions and FAQs.

Chapter 2

Accounting for Partnership: Basic Concepts

This chapter introduces the fundamental concepts of partnership accounting, covering the nature and characteristics of partnerships, the importance of a partnership…

Read chapter notes →
Chapter 3

Reconstitution of a Partnership Firm — Admission of a Partner

This chapter explores the process of reconstitution of a partnership firm when a new partner is admitted.

Read chapter notes →
Chapter 4

Reconstitution of a Partnership Firm — Retirement and Death of a Partner

This chapter focuses on the accounting treatments and adjustments required when a partner retires or dies in a partnership firm.

Read chapter notes →
Chapter 5

Dissolution of Partnership Firm

This chapter explains the process of dissolution of a partnership firm, which involves the termination of the partnership business and the settlement of all liabilities…

Read chapter notes →
Chapter 6

Accounting for Share Capital

This chapter explores the nature and characteristics of share capital, focusing on how companies issue shares at par, premium, or discount.

Read chapter notes →
Chapter 7

Issue and Redemption of Debentures

This chapter explores the concept of debentures, their types, and the accounting treatment for their issue and redemption.

Read chapter notes →
Chapter 8

Financial Statements of a Company

This chapter explains the nature, objectives, and types of financial statements that a company must prepare.

Read chapter notes →
Chapter 9

Analysis of Financial Statements

This chapter explores the techniques used to analyze and interpret financial statements, which are crucial for assessing a company's financial health and performance.

Read chapter notes →
Chapter 10

Accounting Ratios

Accounting Ratios is a crucial chapter in Class 12 Accountancy that introduces students to the concept of analysing financial statements using ratios.

Read chapter notes →

More Class 12 Accountancy chapters

Frequently asked questions

Is CBSERevision free for Class 12 Accountancy?

Yes — you can register and start studying Class 12 Accountancy notes and quizzes for free. Premium plans unlock unlimited quizzes, mock tests and more.

Is the Class 12 Accountancy content NCERT-aligned?

Every chapter page is written from the NCERT textbook chapter, so what you study matches what is taught in school.

How is Class 12 Accountancy organised on CBSERevision?

It is organised chapter by chapter into 10 chapters. Each chapter page gives a summary, key points for quick revision, sample MCQs and questions with answers, and frequently asked questions.

Can I practise questions for each chapter?

Each chapter page shows sample MCQs and questions with answers you can reveal. Creating a free account unlocks the full quiz, flashcards and practice sets for the chapter.

Explore other Class 12 subjects

Explore other CBSE classes

Ready to ace Class 12 Accountancy?

Notes, topic quizzes, flashcards and an AI doubt solver for every chapter. Free to start.

Create your free account