I am from commerce stream and how to do preparation for accountancy 12board
Answers
Answer:
Explanation:
Everybody knows that Accountancy is the core subject in the Commerce stream. Hence, your concepts of Accounting must be clear and should be on your tips. The paper should be attained with a perfection,
Some Tips for Studying Accountancy -
Journal Entry must be on your tips. If you can journalize any transaction, you can solve every question.
Prepare for the chapters like Company Accounts, Cash Flow Statements, and Partnership firms as they carry around 60% weighting in your paper.
Do not learn the formulas, understand them by heart and you will never forget such. For example - formulae for the ratio analysis.
Not just the concept, formats of the Balance sheet, Trial Balance, and Ledger covers a good score. So make sure to present your answer in the proper format either of Balance Sheet, Ledger Accounts or Journals.
Accountancy needs more and more practice, hence you should solve as many questions as you can. Also, don’t limit yourself over the reference books and do solve previous year board papers.
Further, often students leave the theory part of Accounts which is equally important as practical. Therefore, cover the theory with the practical.
The answers must be supported by proper working notes wherever required.
From the practicing point, D.K. Goel has been referred to as the best book for Accountancy.
note:
https://www.quora.com/How-do-I-score-99-in-class-12-commerce
for some more tips