Accountancy is the practice of recording, distributing and reporting on trade transactions for a business. It furnishes feedback to the management with reference to the financial outcome and status of an establishment. The procedure of recording and abridging financial transactions is termed as ‘bookkeeping’.
NCERT solutions for class 12 Accountancy is classified into 2 parts. They are part 1 and part 2. Below mentioned are the chapters that are sorted under Part 2.
|Units||Name of the Chapter|
|Chapter 1||Accounting for Share Capital|
|Chapter 2||Issue and Redemption of Debentures|
|Chapter 3||Financial Statements of a Company|
|Chapter 4||Analysis of Financial Statements|
|Chapter 5||Accounting Ratios|
|Chapter 6||Cash Flow Statement|
Hence, these are the chapters that are classified under part 2 NCERT solutions Accountancy for class 12. Stay tuned to NCERT solutions for more chapters and information about all the commerce subjects.