Tips and Tricks: CBSE class 12 Accounts examination

The Central Board of Secondary Education(CBSE) has released the date-sheet for Class 12 boards. The exams will start from March 2 and will end on April 17. Accounts is one of the main subjects of the students in Commerce stream and is also the most scoring subject. The exam has been scheduled on April 6 and many students have 9 and more days for the preparation of the exam.

Paper Pattern:

Part A: Accounting for Partnership Firms and Companies (60 Marks)
Accounting for Partnership Firms - Fundamentals (10 Marks)
Accounting for Partnership Firms - Reconstitution and Dissolution (25 Marks)
Accounting for Share Capital (18 Marks)
Accounting for Debentures (7 Marks)
Part B: Financial Statement Analysis (40 Marks)
Analysis of Financial Statements (12 Marks)
Cash Flow Statement (8 Marks
Project Work (20 Marks)
Part C: Computerized Accounting (40 Marks)
Overview of Computerized Accounting System (4 Marks)
Accounting Applications of Electronic Spread sheet (6 Marks)
Using Computerized Accounting System (4 Marks)
Data Base Management System (6 Marks)
Practical Work (20 Marks)

We bring you some important tips that you should keep in mind while preparing for Accountancy paper:

• The students should be clear with the concepts and must not be confused

• The students must learn all the formulaes and the rate of percentage for applying in questions

• The students must study Part A thoroughly since it values for more marks as compared to the other parts

• The students must be well versed with the glossary and must remember the important terms like fixed assets, current assets, liquid assets, working capital, capital employed etc

• Accountancy is just like mathematics, the students must practice well and must present their answers in a proper manner

• The students must practice the sample papers and CBSE question papers for the past years

• The students must be focused during the exam and must read the question paper carefully