TS Grewal Class 11 and 12 solutions 2024-2025 for Accountancy are available below based on the latest book published for this academic year. Students should scroll down and can access free solutions for all questions which have been prepared by expert accountancy teachers based on the latest TS Grewal Accountancy books. TS Grewal is one of the most widely used books by commerce students for Accountancy. The below provided step-by-step solutions for all questions will help you understand key concepts and score higher in exams.
The solutions on this page have been updated based on latest 2024-25 TS Grewal Accountancy books for Class 11 and 12, Click on buttons below to access free solutions
We have provided below links to all chapters for Class 12 TS Grewal Solutions 2024-25 based on the latest edition of the book below. You can also access TS Grewal Class 11 Solutions 2024-2025 or free. All answers are prepared as per the TS Grewal Class 12 and 11 PDF 2024-2025 edition.
Accountancy is one of the most preferred subjects among commerce students in schools and professional exams. If the students understand the concepts properly, then the Accountancy subject can be highly scoring and help improve your ranks in school and competitive exams like CA, ICWA, CFA, and other postgraduate courses. TS Grewal Accountancy books both for Class 11 and 12 are used by students as they explain concepts clearly and build a very strong foundation in Accounts. All schools across India also recommend this textbook to their commerce stream students.
The Class 12 Accounts TS Grewal Solutions provided here have been provided for each chapter so that all concepts can be easily understood by students. By studying these solutions you will be able to score higher marks in board exams too. The solutions are prepared as per the latest Accounts Class 12 TS Grewal book for commerce students.
Benefits of TS Grewal textbook solutions for CBSE Accountancy:
1. Widely trusted book: TS Grewal Accountancy Class 11 and 12 book is the most loved and widely used book to study Accountancy as per CBSE syllabus.
2. Up to date content: Class 11 and Class 12 Accounts TS grewal solutions are designed as per the latest CBSE accountancy syllabus and exam pattern which have been issued recently.
3. Free for students: All TS Grewal Solutions Class 12 24-25 are available for free only on our website which you can read or download in PDF.
4. Revise for exams: Use these answers during exams for faster revision and to also to understand difficult accountancy concepts.
5. Detailed explanations: Along with all difficult questions we have also provided points to remember so that you can understand the logic which has been used to solve the question.
6. Chapter wise answers: Solutions for TS Grewal book has been provided below for each chapter separately so that you can click on the link and read the answers while you solve them too.
7. As per latest edition: We have used the 2024 2025 edition of the TS Grewal Accountancy textbook which has been recently released by the authors and have written solutions to all questions in each chapter so that you have the latest information with you.
TS Grewal Accountancy Solutions for Class 11 and 12
TS Grewal Accountancy class 11 and 12 solutions are detailed and have been clearly explained so that its helpful for students for preparing and revising all chapters. The TS Grewal Accountancy solutions should be used for board examinations also. We have made the solutions in an easy-to-understand manner. The textbook is available for students and the solutions can be downloaded by clicking on the links below for both classes.
TS Grewal Class 12 Solutions 2024-25
TS Grewal Accountancy Class 12 Solutions Volume 1 2024 2025
Solutions for TS Grewal's Double Entry Book Keeping: Accounting for Partnership Firms (Volume 1) Textbook for CBSE Class 12.
Click the following chapter-wise links to download Solutions of TS Grewal Class 12 2024 2025.
Chapter 1 Financial Statement of Not-for-Profit Organisations
Chapter 2 Accounting for Partnership Firms Fundamentals
Chapter 3 Goodwill Nature and Valuation
Chapter 4 Change in Profit Sharing Ratio Among the Existing Partners
Chapter 5 Admission of a Partner
Chapter 6 Retirement of a Partner
Chapter 8 Dissolution of a Partnership Firm
TS Grewal Class 12 Solutions Volume 2 2024 2025
Solutions for TS Grewal's Double Entry Book Keeping Accounting for Companies: Textbook for CBSE Class 12 Volume 2
Chapter 8 Company Accounts Accounting for Share Capital
Chapter 9 Company Accounts Issue of Debentures
Chapter 10 Company Accounts Redemption of Debentures
Solutions for TS Grewal's Analysis of Financial Statements: Textbook for CBSE Class 12
T.S. Grewal's Analysis of Financial Statements: Textbook for CBSE Class 12 (2024 2025 Session)
Chapter 1 Financial Statement of a Company
Chapter 2 Financial Statement Analysis
Chapter 3 Tools of Financial Statement Analysis
TS Grewal Solutions Class 11
T.S. Grewal's Double Entry Book Keeping: Financial Accounting Textbook for CBSE Class 11 (as per 2024 2025 syllabus)
TS Grewal Class 11 Solutions 2024 2025
Class 11 Accounts TS Grewal solutions have been made as per the TS Grewal class 11 book for the current year. We bring here the solutions for the latest book of Accounts TS Grewal Class 11, students can refer to the latest solutions available here which are not there on any other website, and get all problem solutions free
Chapter 1 Introduction of Accounting
Chapter 2 Basic Accounting Terms
Chapter 3 Accounting Standards and IFRS
Chapter 6 Accounting Procedures Rules of Debit and Credit
Chapter 7 Origin of Transactions
Chapter 10 Special Purpose Books I Cash Book
Chapter 11 Special Purpose Books II Other Book
Chapter 12 Bank Reconciliation Statement
Chapter 15 Provisions and Reserves
Chapter 16 Accounting for Bills of Exchange
Chapter 17 Rectification of Errors
Chapter 18 Financial Statements of Sole Proprietorship
Chapter 19 Adjustments in Financial Statements
Chapter 20 Accounts from Incomplete Records Single Entry System
Chapter 21 Computers in Accounting
Chapter 22 Accounting Software Tally
ABOUT Mr. TS Grewal:
It is fair to say that TS Grewal is today's "savior" of all commerce students. He was a well-known figure in the fields of management and commerce. He was not only an advocate for education but also a humanist who had a profound impact on everyone he came into contact with. For the main subject of commerce, and accounting, TS Grewal Solutions is thought to be among the best books to recommend. The specialists in their respective fields of Accountancy designed and wrote the CBSE answers for TS Grewal.
Educational Qualification:
He was chosen in 1968 by the Harvard Business School in Boston for the International Teachers Program, and he not only finished it but also did it with distinction in five of his courses. When it comes to accounting, the textbook written by Professor TS Grewal comes to mind first. Every student of commerce reveres Professor TS Grewal as the God of Accounting and adheres to his teachings religiously. We value this eminent professor's contributions to the fields of management and commerce very highly.
Books written by Mr TS Grewal:
In the Commerce stream, accounting is one of the key disciplines. It is a high-scoring topic that opens up professional opportunities in a number of domains including CA, CS, and CMA. Good test results are therefore unquestionably necessary for students who want to enroll in these courses. In the field of accounting, TS Grewal's textbooks are well-known. Since the solutions are provided per chapter, they are easy to understand. These questions and their solutions collectively make up the specific board exam questions.
Features of TS Grewal Book for Class 11 and 12 Accountancy:
a. TS Grewal Accountancy book students understand difficult accounting concepts: TS Grewal Solutions Class 12 and Class 11 provide very detailed explanations of accounting standards and concepts, principles, and procedures that are generally used by all organizations. Students are able to understand critical and complex accounting concepts and apply them while solving questions in examinations and are also able to apply them to real-world scenarios when they pursue a career in accountancy.
b. A big help in exam preparation: The solutions to all questions provided in TS Grewal books are in line with the latest syllabus issued by CBSE for the current academic year and have been designed based on the latest examination pattern and sample papers released recently. These solutions also help the students prepare for their exams as after every question detailed concepts have also been provided. In the book, there are a lot of extra questions along with detailed solutions that can help students practice and prepare for the exams.
c. Helps to improve students' problem-solving skills: The detailed solutions provided on our website for the TS Grewal Accountancy book will help students in Class 12 and Class 11 to develop their complex problem-solving skills. As our teachers have provided reasoning and methodology behind each question and its solution, commerce students will be able to improve their skills to solve accounting questions given in their exams on their own.
d. Studies made possible: Solutions for TS Grewal books have been written in a very simple-to-understand manner which makes it better for students when they want to do studies. As the concepts have been written in a step-by-step manner, students are able to easily follow them. The solutions prepared by our accounts teachers also provide a detailed overview of accounting concepts and procedures. If you want you can do lot of questions given in each chater and there will not be any need for additional guidance.
Why to study from TS Grewal Solutions?
The solutions provided by TS Grewal for Accountancy Class 11 and 12 are accurate, and understandable, and serve as a catalyst for preparation and review. Most of the answers given in TS Grewal Accountancy solutions are likely to be asked in board exams. These textbooks are unquestionably helpful for students to use as practice materials every day. Here, concise and explicit answers to challenging problems are offered. This book contains standardized illustrations and question and also prepare the student for competitive exams and also built the confidence and courage for the student to face them without fear and nervousness.
TS Grewal Book and Solutions very important accountancy concept resource for students studying accountancy in Class 11 and 12, especially those students who are studying in the Central Board of Secondary Education (CBSE) affiliated schools in India must use this book. TS Grewal Solutions offer complete and step-by-step solutions to the accountancy textbook authored by Mr. TS Grewal.
Features of TS Grewal Solutions for Class 11 and 12 Accountancy:
a. Latest Syllabus & Pattern – TS Grewal books solutions for Class 11 and 12 provided by us follow the latest CBSE syllabus and exam pattern which is issued every year so that the students get updated study material free of cost.
b. Designed for Class 11 and 12 CBSE Exams – The solutions have been structured as per the latest CBSE guidelines and topics covered in TS Grewal book therefore these are the best choice for Class 11 and 12 Accountancy.
c. Chapter-wise Questions and Solutions – Each chapter in the book includes a wide range of practice questions for which we have given step-by-step solutions. These have been written by very experienced Accountancy teachers.
d. Verified and Reliable Answers – Our solutions for TS Grewal book have been checked and verified by expert teachers of various schools, ensuring accuracy and high quality for students.
e. Easy-to-Download PDFs – All solutions are available chapter-wise in PDF format also so that students of TS Grewal can download and revise anytime for exams. The solutions are also easily understood.
f. Concept-Based Learning – TS Grewal books which is available for Class 11 and 12 explains every concept in detail. All key topics that are frequently asked in CBSE board exams have been explained in the book. We have also provide “Points to Remember” after each question for better understanding and easy learning.
g. Simple & Easy-to-Understand Explanations – Every solution for question in TS Grewal chapter is written in plain and very student friendly language. You will be able to easly learn complex topics and score higher marks in exams.
h. Detailed Step-by-Step Answers – Our solutions break down every question into detailed steps so that the students understand the logic behind each answer. We have provided precise and understandable solutions to challenging issues solutions by chapter serve as a fantastic resource for studying and exam preparation.
i. Useful for Both School & Advanced Learners – While TS Grewal is a standard CBSE school textbook, our detailed solutions also help students pursuing advanced accountancy courses like CA, CFA etc.
TS Grewal Class 12 Solutions 2024 2025
As you will go through the latest book published by Mr. TS Grewal for the current academic year for Class 12 and Class 11, you will find that most of the chapters which were there during earlier years are still there. So if you have the book from previous years then also it is fine for students to study from that textbook. During 2024 there were a similar number of chapters available. As the basic fundamentals of accounting will still remain the same, students should concentrate more on making their concepts stronger by focusing more on chapters that help to make the concepts around basic principles of accounting stronger. In this book, the focus is on developing a stronger understanding of accounting principles and standards which will be utilized always by commerce and accountancy students. You will end up using your basic accounting understanding almost throughout your career too. Our teachers have made sure that they have provided solutions for 2024-2025 also. On each page you will find references to old questions for which answers have also been provided. ts grewal class 12 solutions 2024 2025 which have been designed by our expert accountancy teachers will help you to gain stronger understanding of concepts which have been explained in each problem. We have provided solutions for ts grewal class 12 solutions 2024 2025 volume 1 and volume 2 covering all chapters and their questions.
Details relating to each chapter has been provided below:
1. Financial Statements of Not-for-Profit Organisations: Not-for-Profit Organisations (NPOs) are generally organisations which are like charities, schools, hospitals, and sports clubs etc that do not work for generate profits. Such organizations work to server the society. Students should understand that since NPOs do not follow the regular business profit-and-loss system therefore their financial statements preparation style is also unique which will be taught in this chapter. Following topics will be covered:
a. Receipts and Payments Account (shows all cash transactions)
b.Income and Expenditure Account (shows yearly income and expenses)
c. Balance Sheet (shows all assets and liabilities)
d. Accounting for donations, subscriptions, and grants.
2. Accounting for Partnership Firms – Fundamentals: In this chapter students will learn about the basic concepts of partnership accounting which is applied wherever two or more people come together to open and run a business and also share profits or losses. Following topics will be covered in this chapter:
a. Types of capital accounts – Fixed and Fluctuating
b. Interest on capital and drawings
c. Profit and Loss Appropriation Account and distribution
d. Partner’s Salary & Commission accounts
e. Students will learn the basic rules of partnership and how to maintain accounts properly.
3. Goodwill: Nature and Valuation: Goodwill is basically the added value of a business due to its good name, trust, customer loyalty, and location etc. It is normally recalcuated whenever a new partner joins or an old partner leaves/ dies or a business is sold. Students learn why goodwill changes over time and how it affects business transactions and its accountng. This chapter explains following topics:
a. Why goodwill is important for a business
b. How to calculate goodwill using different methods:
c. Average Profit Method
d. Super Profit Method
e. Capitalisation Method
4. Change in Profit-Sharing Ratio Among Existing Partners: In a partnership, partners sometimes change their profit-sharing ratio, which means they agree to share profits differently. This can happen due to various reasons, such as business expansion or a partner contributing more capital which effects the way accounts are made. This chapter will include following points:
a. New profit-sharing ratio calculation
b. Sacrificing and Gaining Ratio
c. Goodwill adjustment among partners
d. Revaluation of assets and liabilities
5. Admission of a Partner: When a new partner joins a business the existing partners have to adjust their share of profits. It is a very important for students to learn this chapter as it provides understanding relating to business expansion and financial adjustments. This chapter explains:
a. New profit-sharing ratio
b. Treatment of goodwill
c. Revaluation Account
d. Capital brought in by the new partner
6. Retirement or Death of a Partner: If a partner retires or passes away, the remaining partners need to settle their share in the business and make adjustments and related accounting entries in the financial statements. This chapter covers the following key topics:
a. Calculation of the retiring/deceased partner’s share
b. Adjustments for goodwill, reserves, and profits
c. Settlement of final payment – How the amount is calculated and paid
d. Revaluation of assets and liabilities – Ensuring correct financial adjustments
7. Dissolution of a Partnership Firm: Dissolution means the closing of a partnership firm. When a business/ partnership firm shuts down, all its assets are sold, liabilities are paid, and the remaining balance is distributed among partners. It teaches students the process of closing a business legally and financially. This chapter explains following topics:
a. Reasons for dissolution – Voluntary closure, disputes, bankruptcy, etc.
b. Preparation of Realisation Account – Recording asset sales and liability payments
c. Payment of debts and partner’s settlement – Ensuring fairness in distribution
Details relating to volume 2 in Class 12 TS Grewal is provided below:
8. Accounting for Share Capital: This chapter explains the accounting concepts relating to share capital which is funds raised by companies by issuance of shares. Students will learn about different types of shares such as equity shares and preference shares and the related accounting treatment. The chapter also covers accounting entries of the issuance of shares at face value, premium, and discount, along with the process of forfeiture and re-issue of shares. Students should understand these concepts as its important while making company accounts. Following topics will be covered:
a. Types of share capital (authorized, issued, subscribed, and paid-up capital)
b. Accounting treatment for share issuance and allotment
c. Calls in arrears and calls in advance
d. Forfeiture and re-issue of shares
9. Issue of Debentures: A debenture is normally a financial instrument used by companies to borrow money from the public. In this chapter students will learn about various types of debentures, their characteristics, and how companies issue debentures to raise funds. The difference between shares and debentures is also explained in this chapter. Following topics will be covered:
a. Meaning and types of debentures (secured, unsecured, convertible, and non-convertible)
b. Methods of issuing debentures (at par, premium, and discount)
c. Interest on debentures and its accounting treatment
d. Debentures issued as collateral security
10. Redemption of Debentures: Students will understand how companies need to repay debentures after a fixed period. This chapter helps students to understand about various methods of debenture redemption and the related accounting treatment. You will learn about Debenture Redemption Reserve (DRR). It helps in making sure timely repayment to investors. Following are the topics that will be covered in this chapter:
a. Methods of redemption (lump sum payment, draw of lots, and open market purchase)
b. Accounting treatment for redemption of debentures
c. Importance of Debenture Redemption Reserve (DRR)
d. Impact of redemption on financial statements
e. These chapters help to build a strong foundation in company accounts which will help to get more marks in Class 12 Accountancy and in CBSE board exams.
TS Grewal Class 11 Solutions 2024 2025
We have provided details relating to each chapter below:
1. Introduction to Accounting: Explains the basics of accounting, its importance, and its role in business as per Class 11 Accountancy syllabus.
2. Basic Accounting Terms – Teachers Class 11 students the fundamental accounting terms like assets, liabilities, revenue, and expenses.
3. Theory Base of Accounting, Accounting Standards, and Ind-AS: You will read about the framework and importance of accounting standards as per CBSE syllabus in Class 11 and topics given in TS Grewal Accountancy Book.
4. Bases of Accounting – Covers cash and accrual accounting methods.
5. Accounting Equation – Introduces the accounting equation and how transactions affect them.
6. Accounting Procedures – Rules of Debit and Credit – You will lean about the rules for recording transactions.
7. Origin of Transactions – Source Documents and Preparation of Vouchers – Expains the role of invoices, receipts, and other source documents.
8. Journal – Covers important topics like the process of journalizing business transactions which are really important for Class 11 students.
9. Ledger – Students in Class 11 will learn how transactions are posted from journals to ledger accounts.
10. Special Purpose Books – I – Cash Book – Details different types of cash books used in accounting.
11. Special Purpose Books – II – Other Books – Covers purchase books, sales books, and other subsidiary books.
12. Accounting of Goods and Services Tax (GST) – Explains how GST is recorded in accounting.
13. Bank Reconciliation Statement – Students will learn how to reconcile cash book and bank statements.
14. Trial Balance – Explains the preparation and purpose of a trial balance.
15. Depreciation – Shows Class 11 students different methods of calculating depreciation.
16. Provisions and Reserves – Explains how provisions and reserves are used to manage business finances.
17. Rectification of Errors – Explains the common accounting errors and how to correct them.
18. Financial Statements of Sole Proprietorship – Helps class 11 students to prepare final accounts for a sole proprietorship.
19. Adjustments in Preparation of Financial Statements – Covers the adjustments needed before preparing financial statements.
20. Accounts from Incomplete Records – Single Entry System – Explains how to prepare accounts when only partial records are available.
21. Applications of Computers in Accounting – Discusses the role of computers and accounting software.
22. Accounting Software – Tally – Introduces students to Tally which is one of the most widely used accounting software in India.
Frequently Asked Questions by TS Grewal Students
Question: From where can I download TS Grewal Solutions?
Answer: You can download the TS Grewal Accountancy solutions from our website as they provide the latest solutions for the TS Grewal textbook
Question: Are these solutions available for the latest book?
Answer: Yes, the solutions for TS Grewal have been prepared as per the latest edition book available today
Question: For which class can I get the solutions?
Answer: You can get the accountancy solutions for TS Grewal for Class 11 and Class 12
Question: Are the solutions available for free?
Answer: Yes, the solutions have been provided free of cost for commerce students, you can simply use them anywhere you want
Question: What is the purpose and use of TS Grewal?
Answer: TS Grewal accountancy book Double Entry Book Keeping is used by students in the commerce field. It provides step-by-step concepts for all important topics which have to be taught in Class 11 as per the CBSE syllabus. Students are able to clear all their concepts and get good marks in examinations.
Question: Who is Mr. TS Grewal?
Answer: Mr. T.S. Grewal is a renowned author and has written several books on accountancy and has written books for commerce students in class 11 and class 12.
Question: What are the benefits of using TS Grewal Solutions?
Answer: By using TS Grewal Solutions provided on our website, students can easily understand accounting concepts, and improve their questions and problem-solving skills, these books will help in exam preparation, and provide guidance for studies by students.
Question: Is TS Grewal relevant for the CBSE board exams?
Answer: Yes, TS Grewal accountancy book is very relevant for the CBSE board exams. The solutions provided below based on the questions given in the book are in line with the CBSE syllabus and the latest exam pattern issued for the current academic year.
Question: Is TS Grewal Solutions available online?
Answer: Yes, TS Grewal Solutions is available online. It can be accessed for free and can be downloaded and used later at your convenience.
Question: Is TS Grewal book helpful for competitive exams like CA, CMA, and CS?
Answer: Yes, TS Grewal book is suitable for students of all levels. It has been used by students planning to appear in advanced-level competitive exams like CA, CMA, and CS. The book also covers detailed accounting concepts and principles that are relevant to these exams.
Question: Is TS Grewal Solutions suitable for studies?
Answer: Yes, many students studying in Class 12 and Class 11 use TS Grewal Solutions for studies. The solutions provided below will provide you with a comprehensive overview of accounting concepts and procedures which have to be followed during the bookkeeping process. As the book is very detailed, it makes it easier for students to understand the subject without the need for additional guidance.
Use of TS Grewal Class 11 and Class 12 Solutions PDF
Students who are in class 11 and class 12 and pursuing commerce must buy TS Grewal book PDF. This book has been written by Mr TS Grewal who is one of the best authors in India. All concepts, theories, practical questions have been explained in detail in this book. The TS Grewal Book is a comprehensive guide for all students who want a good career in the field of accountancy.
Our team of expert teachers have provided detailed solutions with easy to learn notes after each solution. This will give a clear understanding of the concept which has been explained in each problem. We have provided step-by-step instructions on solving each question, making it easy for students to understand how to approach and solve complex accountancy problems.
On our website, we have provided solutions to all chapters which are given in the TS Grewal Accountancy books for Class 11 and Class 12. All solutions are free to download in PDF.
Advantages of using TS Grewal Accountancy books for practice
To gain more expertise in accountancy it is important for accounts students in Class 11 and Class 12 to use an accountancy book which can help them to gain more understanding of all concepts of this important subject. TS Grewal is one of those books which explains all concepts with the help of notes and lot of theoretical and practical questions. Students in lot of schools follow this book and has been recommended by senior teachers. The books provide lot of practical examples and CBSE pattern based case studies from different industries, thus demonstrating how accountancy concepts and practices are applied in practical situations. All these things help students to understand the relevance and significance of the concepts they are learning and are able to apply in different situations.
Why should I study using TS Grewal Accountancy book
a. Detailed coverage: TS Grewal Accountancy book and its solutions have been written in a very detailed manner and contains all required concepts, theories, and practical questions which are very useful for students who pursuing accountancy.
b. Clarity and accuracy: The TS Grewal book is highly regarded for its simplicity which helps the students to understand the subject and solve complex problems which have been given at the end of each chapter.
c. Step-by-step approach: All chapters given in both Class 11 and Class 12 books have been designed in a very nice manner. There is very detailed and clear explanation of all topics which have been specified in the syllabus issued by CBSE. The concepts have been explained in a manner that all students will be able to understand. There are also numerous practice problems to help students test their understanding. On our website, we have solved all the questions of each chapter along with detailed and step-by-step instructions which will make it easy for students to learn and practice.
d. Practical applications: The book provides numerous examples and case studies from different industries, showing the practical application of accountancy concepts. This helps students to understand the relevance and significance of the concepts they are learning, and how they are applied in different business situations.
e. Focus on understanding: The book puts more focus on conceptual understanding, rather than rote learning. The students will be able to develop a better understanding of the accountancy subject and apply it in real-world scenarios.
f. CBSE Board exam based book: The book is very nicely designed to help prepare students for the CBSE board exams in Class 12 and school level exams in Class 11. In the book itself there are lot of sample question papers, previous years' board exam papers, and test worksheets given to help students assess their understanding of the subject and also improve their exam scores.
g. Lot of practical questions: The book has lot of practice problems, case studies, and other exercises that will help the students to test their knowledge and be properly prepared for the examinations.
h. Easy to understand language: Mr TS Grewal has taken care of all types of students by writing this book in a simple and easy-to-understand language, students with different levels of proficiency in accountancy will find this book very useful.
i. Best accountancy author: The book is has been written by the legendry Mr TS Grewal. He has extensive experience in the field of accountancy and is known for his expertise in the field of accountancy.
j. Will help in getting more marks: Students should practice the questions which have been given at the end of each chapter. They should compare their answers with the TS Grewal Solutions which have been provided for each chapter by our teachers. All this will help the students to get more marks in their exams.
Conclusion: Using TS Grewal Solutions
In summary, TS Grewal Solutions are an essential resource for students studying accountancy in Class 11 and Class 12 in CBSE-affiliated schools in India. The answers provided on our website are comprehensive and step-by-step descriptions of accounting standards, concepts, and principles, are a major aid in exam preparation, improve students' problem-solving skills, and help in studies.