Top 10 Scoring Topics of
CBSE
Class 12
Accountancy
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1. Analysis of Financial Statements: Financial statement analysis evaluates business performance and value.
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2. Cash Flow Statement: This is a financial statement that shows how cash entered and exited a company during an accounting period.
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3. Accounting for Share Capital: A company's share capital appears in the shareholder's equity section of its balance sheet.
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4. Financial Statements of Not-for-Profit Organizations: These help them track their cash position and understand their sources and uses.
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5. Accounting for Debentures: Debentures may be issued for cash, consideration other than cash, and as collateral security.
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6. Accounting for Bills of Exchange: Involves making journal entries and preparing ledger accounts in the books of the drawer and drawer.
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7. Rectification of Errors: Rectification of errors in accounting is the process of identifying and correcting mistakes in financial transactions.
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8. Depreciation, Provisions, and Reserves: The revenue of a given period is matched against the expenses for the same period.
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9. Company Accounts and Financial Statements: The three main types are the balance sheet, the income, and the cash flow statement.
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10. Partnership Accounting: The capital account keeps track of investment balances and partner payouts.
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