For a commerce student, accountancy is one of the most difficult subjects to study since it demands a great level of commitment, several revisions, and intense practice. The ability to comprehend the concepts and perform the calculations must be quite strong. It emphasizes analytical abilities and fundamental accounting principles. In order to get ready for accounting in class twelve, the student has to maintain studying and revising consistently without taking breaks because the subject's nature closely mirrors mathematics in terms of demanding calculations, adjustments, and techniques.
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First, comprehend the theory: Although calculations and application are a large part of accountancy, theory also plays a significant role in laying the groundwork for practical problems and securing direct marks when asked about characteristics, differences, merits, and demerits. Before moving on to practical topics, always begin by completely reading and comprehending the concept of a given chapter. Your knowledge base will grow as a result, helping you to answer complex problems.
In class 12 accounting, be on the lookout for the following categories of theoretical problems.
Differentiate "Dissolution of Partnership" from "Dissolution of Partnership Firm" according to: (i) Settlement of assets and liabilities (ii)Economic relationship
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Understand the syllabus and exam pattern: Make sure you have a clear understanding of the syllabus and exam pattern, including the weightage of different topics, number of questions and the marking scheme.
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Study NCERT textbook thoroughly: CBSE's Accountancy Question Bank is based on the NCERT textbook, so make sure you have thoroughly studied and understood all the concepts and theories.
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Make Notes: Prepare short, concise and effective notes of all the important topics and theories, which will be helpful for revision and quick reference.
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Practice Previous Years' Question Papers: This will give you an idea of the types of questions asked in the exam and also help you identify areas you need to focus on.
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Solve Question Banks: If you want to succeed in accountancy, you must practise A LOT. After reading a chapter's theory, the next step is to practise the question banks because this is ultimately where you'll obtain the major of your marks. To keep the ideas and forms fresh in your memory, you must periodically practise using question banks. After reading the chapter's theory, start answering the question banks right away. This will make it simpler for you to use the principles to answer questions. In order to successfully answer the questions, you must be an expert in fast calculations. Answer question banks to improve your computation. Never overlook reviewing and resolving the question banks of a specific chapters. Regularly solving sample papers and question banks will help you assess your preparation level and improve your accuracy and speed.
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Focus on practical aspects of the subject: Accountancy is a practical subject, so make sure you have a good understanding of the practical aspects and apply them to solve problems.
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Group study and discussions: Studying with classmates and discussing the topics and solving problems together can be helpful in improving your understanding and clearing doubts.
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Seek help from teachers: If you have any doubts or difficulties, do not hesitate to seek help from your teachers.
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Stay organized: Maintain a proper study schedule and stay organized by keeping all your study material and notes in order.
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Maintain a positive attitude: Stay motivated and maintain a positive attitude towards your studies, as it will help you perform better in the exams.
CBSE Sample Paper Class 12 for 2022-23 | Free PDF Download