NCERT Books for Class 12 Accountancy (2025-26) – Free PDF Download

NCERT Books Class 12 accountancy 2025-26 guide students through key principles of commerce and financial management, all as per the latest CBSE curriculum. Each chapter uses clear language and logical steps, helping you build confidence for board exams with official content. The book’s structure ensures every topic is explained simply, so you can focus on what matters most—scoring well in Accountancy, understanding concepts, and preparing efficiently for exams.

Students rely on this NCERT Accountancy textbook because it covers the full CBSE syllabus and matches recent academic updates. Whether you prefer digital PDFs for studying anywhere, or want concise explanations for quick revision, these NCERT books make exam preparation organized and effective.

NCERT Books Class 12 Accountancy Chapter-wise Overview

Each chapter in the Class 12 Accountancy NCERT book explains fundamentals step by step, building your knowledge for deeper subjects later. The topics and exercises connect directly to the questions asked in board and school exams.

Chapter 1: Accounting for Not-for-Profit Organisations

This chapter covers the basics of accounting for clubs, trusts, and other not-for-profit entities. Understand the differences between receipts and payments accounts and income and expenditure accounts. Focus on formats and examples given in NCERT for exam questions.

Chapter 2: Accounting for Partnership Firms—Fundamentals

Learn how partnership businesses maintain accounts, including partner contributions and division of profits. The main idea is to understand partnership deeds, capital accounts, and adjustments, as explained in NCERT steps.

Chapter 3: Goodwill: Nature and Valuation

This chapter explains what goodwill means in business, different methods for its calculation, and why it matters when admitting or retiring partners. Practice the NCERT examples on average and super profit methods closely.

Chapter 4: Change in Profit-Sharing Ratio Among the Existing Partners

Explore how existing partners change their profit-sharing ratios and how this affects accounts. Key ideas include sacrificing ratio and revaluation of assets, with simple NCERT illustrations for clarity.

Chapter 5: Admission of a Partner

Understand accounting adjustments when a new partner joins the firm, including goodwill, capital, and revaluation. Focus on NCERT’s step-by-step problems and the way entries are shown for accurate answers.

Chapter 6: Retirement/Death of a Partner

This chapter covers changes in accounts when a partner retires or passes away, including valuation, distribution, and accounting for goodwill. Review the NCERT tables and solved examples to prepare for related sums.

Chapter 7: Dissolution of Partnership Firm

Learn the process of closing down a partnership firm and settling accounts among partners. Main focus is on realizing assets, paying liabilities, and drawing up necessary final accounts using NCERT formats.

Chapter 8: Accounting for Share Capital

Discover the process of issuing shares, types of share capital, and related accounting entries. NCERT examples help understand the issue, forfeiture, and reissue of shares, which are key for board exams.

Chapter 9: Issue and Redemption of Debentures

This chapter teaches how companies issue and redeem debentures, along with the related journal entries. Read the NCERT demonstration questions about interest calculation and redemption for exam readiness.

Chapter 10: Financial Statements of a Company

Explore the preparation of trading, profit and loss accounts, and balance sheets for companies. Pay attention to NCERT’s format for financial statements and the notes for each component.

Chapter 11: Analysis of Financial Statements

Learn how to analyze company financial statements using comparative and common-size methods. NCERT explanations help clarify data interpretation, ratios, and trends needed for board exam questions.

Chapter 12: Accounting Ratios

This chapter introduces popular ratios used for financial analysis, such as liquidity, solvency, and profitability ratios. Use NCERT’s practice problems to understand how each ratio is calculated and applied.

Chapter 13: Cash Flow Statement

Understand the structure and calculation of cash flow statements, showing how cash moves in and out of a business. Review the NCERT sample questions to master the logic and correct format for exam answers.

Why NCERT Books by Vedantu Are Useful for CBSE Students

NCERT Accountancy books make every concept clear and simple, so you can study independently and get ready for board exams. Written in simple language, they support revision and help you solve all types of exam questions. Vedantu ensures these official textbooks are always up to date and mapped fully to the CBSE syllabus.

• Directly aligned with CBSE syllabus.
• Clear explanations and authentic definitions.
• Helpful for school exams and board preparation.
• Strong base for revision and reference.

How NCERT Books Help in CBSE Exam Preparation

NCERT books for Class 12 Accountancy cover all CBSE topics and explain accounting principles stepwise. NCERT textbook class 12 accountancy and chapter-wise accountancy books are trusted for accurate board exam preparation and last-minute revision.

• Concepts asked directly in CBSE exams.
• Supports descriptive and application questions.
• Ideal for last-minute revision.

Read each NCERT Accountancy chapter with care, and practice the solved examples and exercises. Regular revision will make your concepts solid and help you approach CBSE exams with greater confidence.