Accountancy Unit Test Syllabus
Class XII Accountancy Unit Test syllabus prescribed by the Directorate of School Education, Aligarh Muslim University.
The Directorate of School Education, A.M.U. has issued the Unit Test-wise syllabus for Class XII Accountancy (12AC05) for the academic session 2026–27. The syllabus covers comprehensive topics including Partnership Firms, Accounting for Companies, and Analysis of Financial Statements, with each unit test carrying exactly 25 marks.
Accountancy Unit Tests
Click a card to jump directly to the relevant Unit Test.
Unit Test – I
Class XII — Accountancy
| Topics/Units | Marks |
|---|---|
|
Accounting for Partnership Firms:- 1. Fundamentals 2. Goodwill 3. Change in Profit Sharing Ratio | 11 |
|
4. Admission 5. Retirement | 07 |
|
6. Death 7. Dissolution | 07 |
| Total | 25 |
🤝 Partnership Fundamentals
The first part covering Fundamentals, Goodwill, and Change in Profit Sharing Ratio carries the highest weightage of 11 marks in Unit 1.
⚖️ Reconstitution & Dissolution
Admission and Retirement carry 7 marks, while Death and Dissolution carry another 7 marks, testing your grasp on capital adjustments.
Unit Test – II
Class XII — Accountancy
| Topics/Units | Marks |
|---|---|
|
Accounting for Companies:- 1. Accounting for Share Capital | 15 |
| 2. Accounting for Debentures | 10 |
| Total | 25 |
🏢 Corporate Accounting
Unit Test II is entirely dedicated to ‘Accounting for Companies’. Mastery of company balance sheets and journal entries is crucial here.
📈 High Weightage Topic
‘Accounting for Share Capital’ alone carries 15 marks out of 25, making it the most important single topic in this unit test.
Unit Test – III
Class XII — Accountancy
| Topics/Units | Marks |
|---|---|
|
Analysis of Financial Statements: 1. Meaning, Importance and Limitations of Financial Statement 2. Comparative Statement 3. Common-Size Statement | 10 |
| 4. Ratio Analysis | 08 |
| 5. Cash Flow Statement | 07 |
| Total | 25 |
Analytical Focus: Unit Test III evaluates your ability to analyze financial data. You must be comfortable with the theoretical aspects of Financial Statements (10 marks with Comparative/Common-Size), as well as heavy calculations for Ratio Analysis (8 marks) and the Cash Flow Statement (7 marks).
A Word from the Teacher
Accountancy requires meticulous practice and an absolute mastery of formats. Every step in a ledger or a balance sheet must be clear.
In Unit Test I, ‘Accounting for Partnership Firms’ is broken down systematically. Pay close attention to ‘Fundamentals, Goodwill, and Change in Profit Sharing Ratio’ as they carry a massive 11 marks. Make sure your working notes for goodwill calculations and profit-sharing ratios are neat and visible.
Unit Test II is incredibly scoring if you understand corporate journal entries. ‘Share Capital’ is worth 15 marks, so practice pro-rata allotment, forfeiture, and reissue of shares heavily.
For Unit Test III, accuracy in formulas is non-negotiable. Learn every formula for ‘Ratio Analysis’ (8 marks) and strictly follow the AS-3 (Revised) format for your ‘Cash Flow Statement’ (7 marks).
How to Excel in Accountancy
Success in Accountancy comes from consistent numerical practice and clear presentations.
Master Formats
Always draw proper formats for Journals, Ledgers, and Balance Sheets using a pencil and ruler.
Show Working Notes
Calculations for goodwill, interest on capital, and ratio analysis must be clearly shown as working notes.
Share Capital Drills
Dedicate extra time to ‘Accounting for Share Capital’ as it is a 15-mark standalone topic in Unit II.
Memorize Formulas
Create a cheat sheet for Ratio Analysis (8 marks) and revise them daily.
Understand Theory
Do not ignore the theory. Topics like the ‘Limitations of Financial Statements’ are directly tested.
Time Management
Practice solving Cash Flow Statements (7 marks) within a set time limit, as these can be time-consuming.
Class XII Accountancy — Quick View
| Unit Test | Main Areas | Marks |
|---|---|---|
| Unit Test I | Accounting for Partnership Firms (Fundamentals, Admission, Retirement, Dissolution, etc.) | 25 |
| Unit Test II | Accounting for Companies (Share Capital [15], Debentures [10]) | 25 |
| Unit Test III | Analysis of Financial Statements, Ratio Analysis, Cash Flow Statement | 25 |
Check the Original AMU Syllabus
For the complete official Unit Test Wise Division of Syllabus, refer to the original document issued by the Directorate of School Education, A.M.U.
📄 View Original AMU PDF
The Accountancy Faculty at SolvedNotes is a team of PGT Commerce Teachers and subject matter experts with decades of experience in the CBSE Senior Secondary curriculum. We specialize in decoding the technicalities of NCERT textbooks—‘Financial Accounting’ and ‘Company Accounts’. Our notes focus on the strict formatting and accounting standards required in Board Exams, providing logic-based solutions for Journal Entries, Ledger Posting, and Balance Sheets. From Partnership Fundamentals to Cash Flow Statements, our step-by-step numericals are crafted to help students minimize errors and maximize scores in Class 11 and 12 Accountancy.