## DK Goel Accountancy Solutions for Class 11 and 12

DK Goel Solutions is one of the smartest and highly optimized study resources that enable students to acquire seamless knowledge in Accountancy. The students interact with Accountancy first in Class 11 and then do advanced topics in Class 12. Class 11 is the high time when the learners understand the values of the subject. They either get panicked with the vast syllabus and step back to avoid devoting much time to Accountancy or enjoy the concepts and theories of the subject. For the students who fear Accountancy and develop a resistive attitude towards it, they not only lose their precious marks in exams but also fail to gain quality knowledge for the future. Learning the concepts of Class 11 & 12th level Accountancy is certainly important for the students. This strengthens their core and prepares them for the storm of complicated topics coming in higher classes.

#### DK Goel Solutions Class 12

**Class 12 Solutions Part A – Volume 1**

Chapter 1: Financial Statements of Non-profit Organisation

Chapter 2: Fundamentals of partnership Firms

Chapter 3: Change in Profit sharing ratio of Partners

Chapter 4: Admission of a Partner

Chapter 5: Retirement or Death of a Partner

Chapter 6: Dissolution of Partnership

Chapter 7: Company Accounts Accounting for Share Capital

Chapter 8: Company Accounts Issue of Debentures

Chapter 9: Company Accounts Redemption of Debentures

**Class 12 Solutions Part B – Volume 2**

Chapter 1: Financial Statements of a Company (As Per Schedule III)

Chapter 2: Financial Statement Analysis

Chapter 3: Tools for Financial Analysis: Comparative Statements

Chapter 4: Common Size Statements

Chapter 5: Accounting Ratios

Chapter 6: Cash Flow Statement

So, to understand the depth of Accountancy, adopting a smart way of learning is essential. Choosing the best study material here becomes extremely important for the students as wasting time and money on some useless stuff is not worth it. So, here DK Goel Textbooks Solutions, step in as the ultimate savior for the students. The solutions summarize all the complex concepts, theories, and formulas revolving around topics like trial balance, depreciation, financial statements, partnership firms, cash flow, and more.

#### DK Goel Solutions Class 11

Chapter 1: Meaning and Objectives of Accounting

Chapter 2: Basic Accounting Terms

Chapter 3: Accounting Principles

Chapter 4: Process and Bases of Accounting

Chapter 5: Accounting Standards and International Financial Reporting Standards (IFRS)

Chapter 6: Accounting Equations

Chapter 7: Double Entry System

Chapter 8: Origin of Transactions: Source Documents of Accountancy

Chapter 9: Books of Original Entry – Journal

Chapter 10: Accounting for Goods and Service Tax (GST)

Chapter 11: Books of Original Entry – Cash Book

Chapter 12: Books of Original Entry – Special Purpose Subsidiary Books

Chapter 14: Trial Balance and Errors

Chapter 15: Bank Reconciliation Statement

Chapter 17: Provisions and Reserves

Chapter 19: Rectification of Errors

Chapter 20: Capital and Revenue

Chapter 21: Financial Statements

Chapter 22: Financial Statements – With Adjustments

Chapter 23: Accounts from Incomplete Records

Chapter 24: Introduction to Computers

Chapter 25: Introduction to Accounting Information System

Chapter 26: Computerised Accounting System

Chapter 27: Accounting Software package: Tally

These solutions are defined as the most prestigious study materials in the field of commerce. Crafted by top Accountants under the supervision of world-class professors, the DK Goel Solutions bring rich content. So, if the students are aiming to pave the way to careers like ICWA, CA, or CMA, these solutions can be their companions for academic growth. The popularity of DK Goel Solutions is boundless within the Class 11 and 12 candidates. For years, the students have used these solutions to gain valuable knowledge on accountancy. If the students follow a proper schedule and are dedicated to their careers, DK Goel Solutions will guide them to new heights of academic success. Getting good marks in examinations is pretty simple with DK Goel Solutions. Therefore, every student who is struggling with Accountancy must lean to these solutions for standing out in the competitive educational scenario.

Some major reasons to pick DK Goel Solutions for scoring good marks in Accountancy are as follows –

Outlined by expert teachers – In today’s date, there are thousands of Accountancy courses, study material, and videos on the Internet. However, most of them charge the students high prices but lack the true essence of Accountancy. DK Goel Solutions here helps the students get quality knowledge. Designed by highly experienced teachers and incredibly educated accountants, the DK Goel Solutions are the most prescribed study resources. It carries years of experience and learnings of the top faculties.

#### Why Should The Class 11 and 12 Students Follow DK Goel Solutions?

Incredible explanations – DK Solutions cover the total syllabus of Class 11 and 12 Accountancy. Coming from the best teachers, it brings in-depth explanations. All the illustrations are easy to understand and crystal clear. The complicated topics are elaborated most effortlessly to ensure the students grasp them conveniently.

Follow the latest CBSE syllabus – DK Goel Solutions are designed strictly according to the latest CBSE syllabus. Therefore, the students can be 100% assured about its content and quickly grab the solutions to kick start their preparation.

Solved chapter-wise – These Solutions act as an incredible catalyst for the students to get high scores in exams. It is presented most efficiently. All the chapters are solved and arranged in a structured manner. Questions are added at the end of every chapter to ensure the students get more information about the topics. The serial-wise representation allows easy navigation between different chapters.

Highlights important topics – These solutions bring the students the complete guide for Class 11 and 12 accountancy examinations. It highlights the important topics, questions, and concepts that have the highest probability of coming into the exams. It also offers dedicated summaries for each chapter. Therefore, the students can use these highlight sections and summaries to revise the chapters before the examination.

Offers a bucket of questions – DK Goel Solutions is preferred among the students for its numerous questions. It offers questions on every topic, concept, theory, and formula. The students can thoroughly learn all the topics and implement their knowledge while solving the questions. It also includes the previous year’s questions and sample paper questions defining the weightage. So, the students can efficiently practice these questions to explore a new world of learning.

Available for free – Now, students do not have to pay high charges for getting hands-on expert study material. DK Goel Solutions is available free of cost. The students can simply download them from the web and access them on their devices. They do not have to pay a single penny for quality knowledge.

Solutions are error-free – All the solutions, including explanations, illustrations of questions, are errorless and 100% accurate. Therefore, the students can blindly follow DK Goel Solutions Class 11 & 12 and grab those high marks in the examinations.

#### DK Goel Solutions Class 11 Important Chapters Details

Here are the most important chapters of DK Goel Solutions Class 11 –

Basic Accounting Terms – This chapter includes fundamental terms like profit, loss, revenue expenditures, revenue, assets, liabilities, types of assets, capital, and various other concepts. DK Goel Solutions presents a clear picture of these topics highlighting all the important terminologies and concepts behind them.

Accounting Principles – This is one of the most crucial topics of Class 11 Accountancy. DK Goel Solutions explains different concepts of the topic in the most easy-to-learn manner. So, the students can refer to the solutions in case they are hassling to understand the accounting principle chapter. This chapter includes –

- Basics characteristics of accounting principles
- Explanation of basic accounting equation
- A brief separate and business legal entity
- Money measurement concepts

Double Entry System – This chapter includes the ins and outs of the double-entry system. The students get in-depth knowledge of the double-entry system, its different types, and more in this chapter.

Book of Original Entry – DK Goel Solutions includes a dedicated part for the books of original entry like a journal, cashbook, and more. As a Class 11 student, everyone must get a brief about these topics and know everything about the book of original entry.

Depreciation – It is one of the most significant topics of Class 11. The students must practice an adequate number of questions and value-based problems on depreciation to learn all concepts and theories revolving around it.

Computer-based Chapters – Class 11 includes a total of four computer-based chapters. Every commerce student must know the role of computers in accounting.

#### DK Goel Solutions Class 12 Important Chapters Details

The most important chapters of Class 12 Accountancy are as follows –

Accounting for Share Capital and Debenture – This topic covers in-depth concepts of share capital and debentures. DK Goel solutions simplify the most complicated concepts into easy-to-understand explanations.

Accounting for Partnership Firms – This topic carries great weightage in Class 12 board exams. DK Goel Solutions offer a bag full of explanations and illustrations on the topic so that the students can quickly grasp all concepts.

Accounting for Not-Profit Organisations – Students can pick up the solutions to solve different problems on this topic and explore more concepts and theories.

**Why is DK Goel Solutions the best choice for Class 11 and 12 students?**

DK Goel Solutions are referred to as the most precious study resource for higher secondary level students. Its optimized content and accurate explanations are a treat for every learner. The students can gain immense knowledge about topics like – financial transactions, information and technology, business records, and more from DK Goel Solutions. This will not only boost their academic marks but also help them to grow in their career.

**Mention some tips to score well in Accountancy?**

Scoring good marks as well as learning the ins and outs of the subject requires smart work, dedication, and patience. Here are the best tips to score some incredible marks in the Class 11 & 12 Accountancy exam –

● Wisely choose a good study material that covers the complete syllabus designed by CBSE. Here you can pick DK Goel Solutions.

● Formulate the best learning schedule that complements your academic growth.

● Devotee maximum time to the topics where you lack.

● Practice tons of questions and sit for mock tests.

● Solve previous year’s papers and model test papers.

● During the exam, do not panic. Attempt the answers which you know first, and then move on to the diplomatic ones. However, make sure to give proper numbering.

**How many chapters are there in Class 12 Accountancy?**

The class 12 Accountancy syllabus is divided into two sections – Volume 1 and Volume 2. The first volume includes five chapters. While volume 2 presents six important chapters. DK Goel solutions present explanations and questions from each chapter with relevant real-life examples. So, the Class 12 students can grab the solutions and start their board examination preparation from the very beginning of the academic year.