NCERT Solutions for Class 12 Accountancy 2027 | Free PDF

NCERT Solutions for Class 12 Accountancy 2027 are available here for free download in PDF format. Students can download the NCERT Solutions for Accountancy Class 12 — chapter by chapter — from the links provided in this article. Accountancy is a compulsory subject for Commerce stream students. This subject comprises the study of bookkeeping, the recording of cash inflow and outflow, and various other significant theories required for business management. Therefore, students must study Accountancy using the NCERT Solutions to score good marks in the CBSE Class 12 Board Exam 2027. Chapter-wise NCERT Solutions for Class 12 Accountancy are provided in PDF format. Read this article to access the PDF download links for all 11 chapters of NCERT Class 12 Accountancy, aligned with the latest CBSE 2026-27 curriculum.

Key Highlights — NCERT Solutions for Class 12 Accountancy 2027

Disclaimer: All 2027 dates are indicative and based on CBSE’s historical pattern. Students must check the official CBSE notification for confirmed dates.

NCERT Solution for Class 12 Accountancy 2027: Chapter-wise PDF

NCERT Class 12 Accountancy Solutions will help students to understand the concepts easily. The solutions are based on the latest CBSE 2026-27 syllabus. These answers are designed by subject experts and teachers, making the NCERT Class 12 Accountancy Solutions highly recommended for board exam preparation. NCERT Solutions for Class 12 Accountancy cover a wide range of concepts and advanced information, including all the questions provided in the NCERT textbooks. Students must download the NCERT Solutions for Class 12 Accountancy and practise regularly before the CBSE Board Exam 2027.

NCERT Solution for Class 12 Accountancy Chapter 1 — Accounting for Partnership: Basic Concepts

In NCERT Accountancy Chapter 1, students are taught the basic concepts of Accounting for Partnership. A partnership is an agreement between two or more persons who have agreed to share the profits or losses of a business that is carried on by all, or any one of them acting for all. Persons who join hands to set up such a business are called partners individually and a firm collectively; the name under which they carry out their business is called the firm name. These concepts — including the Partnership Deed, capital accounts, profit-sharing ratio, interest on capital and drawings — are elaborately discussed in Chapter 1.

NCERT Solution for Class 12 Accountancy Chapter 2 — Accounting for Not-for-Profit Organisation

Chapter 2 of NCERT Accountancy deals with Not-for-Profit Organisations (NPOs). Organisations established with the aim of providing services to society rather than earning profit are called Not-for-Profit Organisations. Examples include hospitals, religious organisations, clubs, and trade unions. An NPO earns income from life membership fees, subscriptions, grants, donations, and similar sources. Students are also taught about the Receipts and Payments Account (R&P Account), which is a summary of actual cash receipts and payments extracted from the cash book over a specific time period. Income and Expenditure Accounts and Balance Sheets of NPOs are also covered here.

NCERT Solution for Class 12 Accountancy Chapter 3 — Reconstitution of a Partnership Firm: Admission of a Partner

In Chapter 3, students are taught the basic concepts relating to the admission of a new partner. Topics include the effect of admission on the profit-sharing ratio, treatment of goodwill (AS 26), treatment for revaluation of assets and reassessment of liabilities, treatment of reserves and accumulated profits, adjustment of capital accounts, and preparation of the Balance Sheet after admission. Students can download the NCERT Solutions for Class 12 Accountancy Chapter 3 from the PDF link provided in the table below.

NCERT Solutions — Class 12 Accountancy Chapter 4 — Reconstitution of a Partnership Firm: Retirement / Death of a Partner

NCERT Chapter 4 covers the rules applicable on the retirement or death of a partner. At the time of retirement or death, it becomes necessary to revalue the assets and liabilities of the firm to ascertain their true and fair values. Revaluation is essential because the value of assets and liabilities may have changed over time. This chapter also discusses the effect of retirement or death on the profit-sharing ratio, treatment of goodwill, revaluation of assets and liabilities, adjustment of accumulated profits and reserves, adjustment of capital accounts, and preparation of the Balance Sheet. Additional topics include preparation of the retiring partner’s loan account, calculation of the deceased partner’s share of profit up to the date of death, preparation of the deceased partner’s capital account, the executor’s account, and preparation of the Balance Sheet thereafter.

NCERT Solutions for Class 12 Accountancy Chapter 5 — Dissolution of a Partnership Firm

In Chapter 5, students learn about the dissolution of a partnership firm: the types of dissolution, and settlement of accounts — including preparation of the Realisation Account and other related accounts such as capital accounts of partners and the Cash/Bank Account (excluding piecemeal distribution, sale to a company, and insolvency of partners).

NCERT Solutions for Class 12 Accountancy Chapter 6 — Accounting for Share Capital

NCERT Accountancy Chapter 6 covers Accounting for Share Capital. Topics include shares and share capital — their nature and types — and accounting for share capital: issue and allotment of equity shares, private placement of shares, and Employee Stock Option Plan (ESOP). Students also study public subscription of shares — over-subscription and under-subscription; issue at par and at a premium; calls in advance and arrears (excluding interest); and issue of shares for consideration other than cash. The chapter also covers the accounting treatment for forfeiture and re-issue of shares, and disclosure of share capital in the company’s Balance Sheet as per Schedule III of the Companies Act, 2013.

NCERT Solutions for Class 12 Accountancy Chapter 7 — Issue and Redemption of Debentures

Chapter 7 discusses the issue of debentures at par, at a premium, and at a discount; issue of debentures for consideration other than cash; issue of debentures with terms of redemption; debentures as collateral security; and interest on debentures. Redemption of debentures is covered through three methods: lump-sum payment, draw of lots, and purchase in the open market (excluding ex-interest and cum-interest). The chapter also covers the creation of the Debenture Redemption Reserve (DRR).

NCERT Solutions for Class 12 Accountancy Chapter 8 — Financial Statements of a Company

In Chapter 8, students are taught about the Financial Statements of a Company: the Statement of Profit and Loss, and the Balance Sheet in the prescribed form with major headings and sub-headings as per Schedule III to the Companies Act, 2013. Financial Statement Analysis — its objectives, importance, and limitations — is also introduced here. Financial statements are the end products of the accounting process; they provide a true picture of the performance of a company over a period of time and are used by various stakeholders of accounting information. These statements are prepared annually.

NCERT Solutions for Class 12 Accountancy Chapter 9 — Analysis of Financial Statements

Chapter 9 focuses on the importance and methods of analysing financial statements. Financial analysis is of great importance for various users of accounting information. Financial statements such as Balance Sheets, Statements of Profit and Loss, and other sources of financial data provide ample information on expenses and sources of profit, loss, and income — all of which help in determining the financial health of a business. Raw financial data does not make a meaningful contribution until it is properly analysed. Chapter 9 covers the tools and techniques — comparative statements, common-size statements, and trend analysis — that make financial statements useful to diverse accounting users.

NCERT Solutions for Class 12 Accountancy Chapter 10 — Accounting Ratios

Chapter 10 describes accounting ratios and their types. An accounting ratio is a quantitative analysis of data present in a financial statement. It shows the relationship between items present in the Balance Sheet and the Statement of Profit and Loss. Ratios help in calculating operational efficiency, assessing solvency, and determining the profitability of a firm. A ratio is a statistical measure that facilitates comparison between two or more figures. The latter part of the chapter covers the classification of ratios: liquidity ratios, solvency ratios, activity/turnover ratios, and profitability ratios.

NCERT Solution for Class 12 Accountancy Chapter 11 — Cash Flow Statement

The final chapter of NCERT Accountancy covers the Cash Flow Statement — its meaning, objectives, and preparation. A Cash Flow Statement is a financial statement that represents the inflow and outflow of cash and cash equivalents of a company during an accounting period. The scope includes: (i) adjustments relating to depreciation and amortisation, profit or loss on sale of assets including investments, dividend (both final and interim), and tax; (ii) bank overdraft and cash credit to be treated as short-term borrowings; and (iii) current investments to be taken as marketable securities unless otherwise specified.

CBSE Class 12 Accountancy 2027 — Analytics and Key Statistics

The table below presents previous-year data to help students understand performance trends in CBSE Class 12 Accountancy. These figures are approximate and are based on publicly reported CBSE statistics for reference purposes.

Note: All figures marked "approx." or "previous-year / expected" are indicative. Students and educators should refer to the official CBSE result statistics published at www.cbse.gov.in for verified data.

NCERT Solution for Class 12 Accountancy 2027 — All Chapters PDF Download

NCERT Accountancy Class 12 Solutions are given below for all chapters. Students can click on the link of the respective chapter to download the Class 12 Accountancy NCERT chapter-wise solution PDF. These PDFs cover both Part I (Partnership Accounts) and Part II (Company Accounts and Financial Analysis) as prescribed in the CBSE 2026-27 curriculum.

Other Important Links for CBSE Class 12