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CBSE class 12 commerce fast track revision notes

CBSE class 12 commerce fast track revision notes

CBSE Class 12 Commerce Subjects:

CBSE class 12 commerce fast track revision notes:

CBSE class 12 commerce fast track revision notes

The following subjects can be I & II Two Languages (Core/Elective) out of Hindi, English, Assamese, Bengali, Gujarati, Kashmiri, Kannada, Marathi, Malyalam, Manipuri, Oriya, Punjabi, Sindhi, Tamil, Telugu, Urdu, Sanskrit, Arabic, Persian, Limboo, Lepcha, Bhutia, Mizo, Nepali, Tibetan, French, German, Portuguese, Russian and Spanish.

1. Out of the languages, one shall be English or Hindi, both English and Hindi can also be offered simultaneously.
2. The languages may be offered either at Core/Elective level. The same language,
however cannot be offered both at the Core level and Elective level.
3. A candidate has the freedom to offer, in lieu of one of the two languages above, any other elective subject provided under III below.

Note: English can be offered at any of the three levels given below:

1. English Core
2. English Elective
3. Functional English

You can opt for the following Electives for Commerce in CBSE Class 12:

  1. Accountancy
  2. Business Studies
  3. Economics
  4. Informatics Practices
  5. Mathematics

Now we will discuss one by one electives:-

CBSE Class 12 Accoutancy

fast changing economic scenario and the business environment have made elementary business education, along with accountancy as the language of business and as a source of financial information as an essential tool at the Senior Secondary stage.

The Accountancy syllabus at the CBSE Class 12 level gives students a firm foundation in basic accounting principles and methodology and also acquaints them with the changes taking place in the presentation and analysis of accounting information, keeping in view the development of accounting standards and use of computers.

Against this background, the course puts emphasis on developing basic understanding about the nature and purpose of the accounting information and its use in the conduct of business operations. This is done to help to develop logical reasoning, careful analysis and considered judgment among students.

Accounting as an information system aids in providing financial information. In class XII, Accounting for Not for Profit Organisations, Partnership Firms and companies are taught as a compulsory part. Students will also be given an opportunity to understand about Computerized Accounting System, as an optional course to Analysis of Financial Statements.

CBSE class 12 commerce fast track revision notes

CBSE Class 12 Commerce: Accountancy Syllabus, Preparation tips and Sample Papers:

To know more about how to prepare for CBSE Class 12 Accounts, CBSE Class 12 Sample Papers, CBSE Accounts HOTS, Answer Sheets of toppers in CBSE Class 12 Accounts exam, please follow the links mentioned below.

  • CBSE Class 12 Accountancy Syllabus
  • How to prepare for CBSE Class 12 Accountancy
  • CBSE Accountancy Sample Papers
CBSE Class 12 Commerce: Accountancy Reference Books:

CBSE question papers are based on NCERT books and so only those books can be referred for preparation for the exams.

  • CBSE Accountancy NCERT Books

CBSE Business Studies Class 12

Business is a dynamic process that brings together technology, natural resources and human initiative in a constantly changing global environment. To understand the framework in which a business operates, a detailed study of the organisation and management of business processes and its interaction with the environment is required.CBSE class 12 commerce fast track revision notes

Business Studies at the CBSE Class 12 level develops a good understanding of the principles and practices bearing in business (trade and industry) as well as their relationship with the society.

Information Technology is becoming a part of business operations in more and more organisations.

The course in Business Studies at CBSE Class 12 level will prepare students to analyse, manage, evaluate and respond to changes which affect business. It provides a way of looking at and interacting with the business environment. It recognizes the fact that business influences and is influenced by social, political, legal and economic forces. It allows students to appreciate that business is an integral component of society and develops an understanding of many social and ethical issues. CBSE class 12 commerce fast track revision notes

We, at NNE, have tried to bring under one umbrella, all the resources that a student might need for his preparations for the CBSE Class 12 Business Studies exam, including sample papers, CBSE HOT (Higher Order Thinking) questions provided by the Kendriya Vidyalaya Sangathan, answer sheets of toppers.

CBSE Class 12 Commerce: Business Studies Syllabus, Preparation Tips and Sample Papers

For more information on Syllabus, Preparation Tips for CBSE Class 12 Physics and Business Studies Sample Papers for Class 12, please click on the following links:

  • Syllabus for CBSE Class 12 Business Studies
  • Preparation Tips for CBSE Class 12 Business Studies
  • Business Studies Sample Papers

CBSE Class 12 Commerce: Business Studies Reference Books:

CBSE Question papers are based on NCERT pattern and so the books to be referred are NCERT based only. CBSE class 12 commerce fast track revision notes

  • CBSE Class 12 Business Studies NCERT books

CBSE Class 12 Economics

Economics is one of the social sciences, which has great influence on every human being. As economic life and the economy go through changes, the need to ground education becomes essential. While doing so, it is imperative to provide them opportunities to acquire analytical skills to observe and understand the economic realities.CBSE class 12 commerce fast track revision notes.

At senior secondary stage, the learners are in a position to understand abstract ideas, exercise the power of thinking and to develop their own perception. It is at this stage, the learners are exposed to the rigour of the discipline of economics in a systematic way.

The economics courses are introduced in such a way that in the initial stage, the learners are introduced to the economic realities that the nation is facing today along with some basic statistical tools to understand these broader economic realities. In the later stage, the learners are introduced to economics as a theory of abstraction. CBSE class 12 commerce fast track revision notes.

The economics courses also contain many projects and activities. These will provide opportunities for the learners to explore various economic issues both from their day-to-day life and also from issues, which are broader and invisible in nature. The academic skills that they learn in these courses would help to develop the projects and activities. The syllabus is also expected to provide opportunities to use information and communication technologies to facilitate their learning process.CBSE class 12 commerce fast track revision notes.

We, at NNE have tried to bring under one umbrella, all the resources that a student might need for his preparations for the CBSE Class 12 Economics exam, including sample papers and CBSE HOT (Higher Order Thinking) questions provided by the Kendriya Vidyalaya Sangathan. CBSE class 12 commerce fast track revision notes

CBSE Class 12 Commerce: Economics Syllabus, Preparation tips

For more information on Syllabus, Preparation Tips for CBSE Class 12 Physics and Physics Sample Papers for Class 12, please click on the following links:

  • Preparation Tips for CBSE Class 12 Economics
  • CBSE Class 12 Economics Syllabus

CBSE Class 12 Commerce: Economics Reference Books:

CBSE question papers are solely based on NCERT books, you can find the list given below

  • CBSE Class 12 Economics Reference Books

CBSE Informatics Practices Class 12

Informatics Practices is a course to get acquainted with computer terminologies and operation handling.

The course aims at teaching students the skills in Relational Databases, generating queries, helping students gain a working knowledge of a computer system and its peripherals. The CBSE syllabus for Informatics Practices also aims at developing programming skills in front-end application development in students. CBSE class 12 commerce fast track revision notes

The course is designed so that the students learn how to design, program and develop database driven web applications using GUI Programming. CBSE class 12 commerce fast track revision notes.

The aim of the subject is to make a student:

  • Understand the application development process.
  • Gain programming skills in front-end application development
  • Gain skills in Database Creation and querying using ANSI SQL.
  • Design, program and develop database driven web applications using GUI Programming Tool and RDBMS.CBSE class 12 commerce fast track revision notes
  • Understand and appreciate open source and open standard concepts.

CBSE Class 12 Commerce Informatics Practice: Syllabus, Preparation tips

For more information on Syllabus, Preparation Tips for CBSE Class 12 Informatics Practices and Informatics Practices Sample Papers for Class 12, and CBSE HOTS provided by the Kendriya Vidyalaya Sangathan , please click on the following links:

  • CBSE Class 12 Informatics Practices Syllabus
  • CBSE Class 12 Informatics Practices Preparation Tips

CBSE Class 12 Commerce Informatics Practice: Recommended books

CBSE question papers are based on NCERT books and the course is based on the books.

  • CBSE Class Commerce Informatics Practice Books

CBSE Class 12 Maths

syllabus for Mathematics has undergone constant changes, according to the needs of the society. Class 12 is a launch pad from where the students go either for higher academic education in Mathematics or for professional courses like engineering, physical and Bio science, commerce or computer applications. The present revised syllabus has been designed in accordance with National Curriculum Frame work 2005 and as per guidelines given in Focus Group on Teaching of Mathematics 2005 which is to meet the emerging needs of all categories of students. Emphasis has been laid on application of various concepts.

The curriculum is designed to focus on helping students acquire knowledge and critical understanding by means of basic concepts, terms, principles, symbols and mastery of underlying processes and skills, to develop a quantitative and a logical aptitude, acquaint students with different aspects of mathematics used in daily life, to develop an interest in students to study mathematics as a discipline. CBSE class 12 commerce fast track revision notes.

CBSE Class 12 Commerce: Maths Syllabus, Preparation Tips

For more information on Syllabus, Preparation Tips for CBSE Class 12 Mathematics and Mathematics Sample Papers for Class 12, please click on the following links:

  • CBSE Class 12 Mathematics Syllabus
  • CBSE Class 12 Mathematics Preparation Tips

CBSE Class 12 Commerce: Recommended books

CBSE question papers are mainly based on NCERT books, you can find the names here:

  • CBSE Class 12 Commerce: Maths recommended books

CBSE Class 12 Science: Mathematics Topper Answer Sheet

  • CBSE Class 12 Mathematics Topper Answer Sheet for 2014
  • CBSE Class 12 Mathematics Paper for 2007
  • CBSE Class 12 Mathematics Topper Answer Sheet for 2007
  • CBSE Class 12 Mathematics Paper for 2008
  • CBSE Class 12 Mathematics Topper Answer Sheet for 2008

class 12 commerce notes:-Accountancy

class 12 commerce notes:-Partnership Deed.

Partnership Deed is a written agreement among the partners of a partnership firm. It includes agreement on profit sharing ratio, salaries, commission of partners, interest provided on partner’s capital and drawings and interest on loan given or taken by the partners, etc. Generally following details are included in a partnership deed.

1. Objective of business of the firm

2. Name and address of the firm

3. Name and address of all partners

4. Profit and loss sharing ratio

5. Contribution to capital by each partner

6. Rights, types of roles and duties of partners

7. Duration of partnership

8. Rate of interest on capital, drawings and loans

9. Salaries, commission, if payable to partners.

10. Rules regarding admission, retirement, death and dissolution of the firm, etc.

class 12 commerce notes:-Give two circumstances under which the fixed capitals of partners may change.

The following are the two circumstances under which the fixed capitals of partner may change.

(i) If any additional capital is introduced by the partner during the year.

(ii) If any part of capital is permanently withdrawn by the partner from the firm.

class 12 commerce notes:-Identify various matters that need adjustments at the time of admission of a new partner.

The following are the various items that need to be adjusted at the time of admission of a new partner.

1. Profit Sharing Ratio: Calculation of new profit sharing ratio.

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