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Class 12 Accountancy

ABOUT CLASS 12 ACCOUNTANCY EXAM

Accountancy paper is one of the major subjects in the commerce stream thus it becomes necessary for all the students to give special focus on Accountancy.

INTERESTING AND SCORING SUBJECT

There is no doubt that students find it very interesting if they clear their concepts and fundamentals and thus making this subject scoring.

PROPER FOCUS ON THEORY AND PRACTICAL / NUMERICAL

Getting 100 out of 100 remains no big deal if proper focus is given on theoretical part in addition to the practical/numerical portion.

PATTERN AND MARKS ALLOCATION

The Accountancy paper comprises of 80 Marks as 20 marks are allocated to Project Work/ Test / Viva which happens in the school itself before the exams
start.

In Accountancy paper, Part A is compulsory for all the students whereas students have a choice between Part B and Part C.

Parts

Chapters

Marks

Part A

Accounting for Partnership Firms and Companies

1

Accounting for Partnership Firms: Fundamentals

10

2

Accounting for Partnership Firms: Reconstitution and Dissolution

25

3

Accounting for Share Capital

18

4

Accounting for Debentures

7

Part B

Financial Statement Analysis

5

Analysis of Financial Statements

12

6

Cash Flow Statement

8

Part C

Computerised Accounting

5

Overview of Computerized Accounting System

4

6

Accounting Applications of Electronic Spread sheet

6

7

Using Computerized Accounting System

4

8

Data Base Management System

6

Total Marks

100

DURATION

The duration of the exam is 3 Hours.
Time Management Strategy for attempting Class 12th Accountancy Exam

  • There is always a question from students’ side that “how much time we need to give to each question”?
  • The answer to this is quite simple and the technique which we are going to share has worked wonderfully well during exams for students.
  • As your Accountancy exam is of 80 Marks, you need to double the weightage for each question and you will get the time to be spent on each question.
  • To understand, say a question carries 1 mark then it should be attempted in not more than 2 minutes, likewise if a question carries 8 marks weightage then not more than 16 minutes should be spent in answering that question.
  • In this way you will be able to finish your paper within 160 minutes (2 hours and 40 minutes). Still you are left with 20 minutes which you should utilize for revision of answers.

7 Examination Tips for ‘How to Attempt class 12th Accountancy Exam’

Click here for Study tips for Accountancy Exam.