Accounts Crash Course Class XII
Part A:
Accounting For Not-For-Profit Organisations, Partnership Firms and Companies
Under this first part, there are three units. Here are the details –
Unit 1:
Financial Statements for Not-For-Profit Organisations
The first unit of Accountancy Class 12 CBSE syllabus includes an introduction to the concept of non-profit organisations, features and preparation of their receipt and payment accounts. It also has a brief about their income and expenditure account.
Unit 3:
Accounting for Companies:
In this section, students come across the concepts of share capital and accounting for debentures.
Unit 2:
Accounting for Partnership Firm:
In this unit of Class 12 Accountancy syllabus students learn the particulars of a partnership firm and details of its accounting. It includes reading about partnership deeds, partnership acts, capital accounts, etc. This chapter also provides an insight into the reconstitution and dissolution of partnership firms.
