Author name: Bhagya

This GSEB Class 12 Commerce Accounts Notes Part 2 Chapter 5 Accounting Ratios and Analysis covers all the important topics and concepts as mentioned in the chapter. Accounting Ratios and Analysis Class 12 GSEB Notes In a business unit, financial statements are prepared on the basis of accounting information. Different accounting information shown in financial

This GSEB Class 12 Commerce Accounts Notes Part 2 Chapter 4 Analysis of Financial Statements covers all the important topics and concepts as mentioned in the chapter. Analysis of Financial Statements Class 12 GSEB Notes The last stage of financial accounting system is to prepare financial statements. In this stage, income statement and balance sheet

This GSEB Class 12 Commerce Accounts Notes Part 2 Chapter 3 Company Final Accounts covers all the important topics and concepts as mentioned in the chapter. Company Final Accounts Class 12 GSEB Notes Like other form of mercantile system, in company form also after completion of accounting period and accounting process, statements are prepared to

This GSEB Class 12 Commerce Accounts Notes Part 2 Chapter 2 Accounting for Debentures covers all the important topics and concepts as mentioned in the chapter. Accounting for Debentures Class 12 GSEB Notes Generally, the company satisfies the long term financial needs by issuing share capital. Sometime company needs financial requirement for development, expansion, modernisation

This GSEB Class 12 Commerce Accounts Notes Part 2 Chapter 1 Accounting for Share Capital covers all the important topics and concepts as mentioned in the chapter. Accounting for Share Capital Class 12 GSEB Notes Due to the industrial revolution, there is radical changes in Business Trade. Because of limitations to proprietorship concern, concept of

This GSEB Class 12 Commerce Accounts Notes Part 1 Chapter 7 Dissolution of Partnership Firm covers all the important topics and concepts as mentioned in the chapter. Dissolution of Partnership Firm Class 12 GSEB Notes Due to admission or retirement of partner, the structure of partnership firm keeps on changing but, the firm keeps on

This GSEB Class 12 Commerce Accounts Notes Part 1 Chapter 6 Retirement / Death of a Partner covers all the important topics and concepts as mentioned in the chapter. Retirement / Death of a Partner Class 12 GSEB Notes In the continuing business/firm, due to any reason, like physical or mental illness, dispute with other

This GSEB Class 12 Commerce Accounts Notes Part 1 Chapter 5 Admission of a Partner covers all the important topics and concepts as mentioned in the chapter. Admission of a Partner Class 12 GSEB Notes In current partnership firm, admission of a new parnter is given because of requirement of more capital in the firm,

This GSEB Class 12 Commerce Accounts Notes Part 1 Chapter 4 Reconstruction of Partnership covers all the important topics and concepts as mentioned in the chapter. Reconstruction of Partnership Class 12 GSEB Notes Partnership is a relation or contract between persons in which they are agreed to share profit of business run by them or

This GSEB Class 12 Commerce Accounts Notes Part 1 Chapter 3 Valuation of Goodwill covers all the important topics and concepts as mentioned in the chapter. Valuation of Goodwill Class 12 GSEB Notes In Partnership Firm development of business depends upon continuous hard work, honesty, ability to take business risk and perception of partners. Because

This GSEB Class 12 Commerce Accounts Notes Part 1 Chapter 2 Final Accounts (Financial Statements) of Partnership Firm covers all the important topics and concepts as mentioned in the chapter. Final Accounts (Financial Statements) of Partnership Firm Class 12 GSEB Notes We studied final accounts of ownership concerns in standard XI. Similar to that in