Accountancy (Deleted Portion)-2021

Class-XII 
 

Part A: Accounting for Not-for-Profit Organizations, Partnership Firms and Companies

Unit 2: Accounting for Partnership Firms 

Units/Topics

Accounting for Partnership firms - Reconstitution and Dissolution.

Admission of a partner - adjustment of capital accounts and preparation of 
balance sheet. 

Retirement and death of a partner: adjustment of capital accounts. Preparation of loan account of the retiring partner. 
Preparation of deceased partner’s capital account and his executor’s account.
 

Unit - 3 Accounting for Companies                                                                                     

Units/ Topics

Accounting for Debentures

● Redemption of debentures-Methods: Lump sum, draw of lots.

Project Work: 

From session 2020-21 onwards, there would be only ONE project (specific) to be prepared. 

Note: Kindly refer to the related Guidelines published by the CBSE.

● Since there is only one project instead of three hence 10 Lectures were reduced in the same.