Original revision introduction and starter practice. Full learning texts are available through the publisher links below. This guide is not a CBSE-issued solution manual.
Revision introduction
Partnership accounting follows the agreement and applicable provisions when the deed is silent. On admission, distinguish the new ratio, sacrificing ratio and goodwill adjustment. For company accounts, track shares issued, called and paid. Ratios interpret statements; cash flow separates operating, investing and financing activities.
Curriculum navigation
Accounting for Partnership Firms
Accounting for Companies
Analysis of Financial Statements
Cash Flow Statement
Consult the current official syllabus for examinable sections, project-only content, practicals, prescribed texts and exclusions. A unit index does not override those boundaries.
Original practice
Which ratio identifies the partners giving up profit share on admission?
Sacrificing ratio
Gaining ratio always
Current ratio
Debt–equity ratio
Worked answer
Sacrificing ratio
Sacrifice equals old share minus new share; it determines compensation for the share surrendered.
Full publisher materials and answer resources
CBSE 12 Accountancy · syllabus · CBSE · 2026-27 The current official syllabus defines examinable content, internal assessment, practicals and prescribed books. Unit names in the app are a navigation index; consult this document for exclusions and assessment boundaries.
NCERT · Accountancy-I · NCERT · 2026-27 Official book selector with chapter PDFs and complete-book download. A textbook may contain material outside the assessed syllabus; follow the linked current syllabus.
NCERT · Computerised Accounting System · NCERT · 2026-27 Official book selector with chapter PDFs and complete-book download. A textbook may contain material outside the assessed syllabus; follow the linked current syllabus.
KVS student support material · Class 12 · Kendriya Vidyalaya Sangathan · 2026-27 Use the 2026–27 support-material folders linked by the school. These are KVS teaching/revision resources, not CBSE official marking schemes. Subject availability varies; older packs must be mapped to the current syllabus.
CBSE 2026–27 · Sample question paper · CBSE · 2026-27 Official document listed by CBSE for 2026–27. Open at the publisher; no third-party solutions are represented as official. Sample papers are practice models, not previous board examination papers.
CBSE 2026–27 · Official marking scheme / answer key · CBSE · 2026-27 Official document listed by CBSE for 2026–27. Open at the publisher; no third-party solutions are represented as official. Sample papers are practice models, not previous board examination papers.
DIKSHA · curriculum learning resources · Ministry of Education / DIKSHA · Current portal Choose CBSE/NCERT, Class 12, subject and medium. This is a searchable portal, not a promise of a specific playable lesson.