CBSE 12th Accountancy exam 2020 preparation tips
Considered as one of the important subjects for students
in the Commerce stream, CBSE Class 12 Accountancy exam will be conducted on
March 5.
EDUCATION | Hindustan Times, New Delhi | Jan 21, 2020
Considered as one of the important subjects for students
in the Commerce stream, CBSE Class 12 Accountancy exam will be conducted on
March 5.
A numericals-based subject, Accountancy deals with
financial information about a business entity. Accountancy paper is divided
into two parts - theory and practical.
We take a look at some preparation tips for students
appearing for this year’s Accountancy exam.
Focus topics: Following topics in Accountancy carry good weightage and should be
practiced thoroughly. Accounting for Share Capital and Debentures, Accounting
for Partnership Firms, Accounting for Not for Profit Organizations and
Accounting for Partnership Firms.
Formats:
Attention should be paid while making formats for journals, ledgers and balance
sheets. While preparing ledger accounts, students should post all the entries
in their respective accounts simultaneously rather than preparing the accounts
individually.
Calculation: Practice plenty of problems from model test papers and previous years’
sample. This will help gain good command over calculations. As this is a
numerical subject, calculation plays key role.
Step marking: Since CBSE gives marks according to steps, even if you don’t arrive at the
final solution there is no need to panic. Even if the answer is wrong, but
steps preceding it are right, you will be awarded some marks.
Flashcards: One should make flashcards to remember the definitions of terms like
liabilities, profit and loss, assets and debts.
General tips
* Revise more than once before appearing for the exam.
*Refrain from going for different study material. NCERT
books are considered best source for this subject.
* Solve sample and previous years’ papers a month before
the exams.
* Don’t mug up, focus on understanding the concepts.
Source :
https://www.hindustantimes.com/education/cbse-12th-accountancy-exam-2020-preparation-tips/story-R7Pv7hJrjx6r945wydzOMP.html
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