Accountancy is a core subject in the Class 12 Commerce stream and lays the foundation for careers in finance, accounting, CA, CMA, ICWA, and related fields. TS Grewal’s textbook is among the most widely recommended books for CBSE students due to its well-structured content and wide coverage of topics. To assist students in mastering the subject, TS Grewal Solutions for Class 12 have been designed chapter-wise and cover all questions with detailed and simplified answers.
In Class 12, Accountancy is split into two major volumes, each focusing on essential branches of the subject. The solutions provided cover both parts thoroughly.
Fundamentals of Partnership
Goodwill: Nature and Valuation
Change in Profit-Sharing Ratio
Admission of a Partner
Retirement/Death of a Partner
Dissolution of Partnership Firm
Accounting for Share Capital
Issue and Redemption of Debentures
Financial Statements of Companies
Cash Flow Statement
These chapter-wise solutions ensure clarity and deeper understanding of key topics for students to solve even the most complex problems with ease.
Chapter-wise, systematic solutions for all questions
Created by subject matter experts with 10+ years of experience
Based strictly on the latest CBSE syllabus and guidelines
Step-by-step explanations with proper formats and working notes
Available for free in PDF format for easy accessibility
Ideal for board exam revision, practice, and concept clarity
Understanding Accountancy deeply from the beginning of Class 12 is crucial. These solutions help students:
Strengthen their base in accounting principles
Master Double Entry Book Keeping
Learn how to prepare journal entries, ledger, balance sheets, and cash flow statements
Get accustomed to board-level question formats
Score high marks in both theory and practical papers
These solutions act not only as a support for classroom learning but also as a self-study resource.
Accurate and Verified Solutions – Eliminates errors and confusion in understanding questions
Quick Revision Aid – Useful during exams to quickly go through important problems
Improves Concept Retention – Step-by-step solutions help students retain methods
Boosts Scoring Potential – Students can confidently tackle both numerical and theoretical questions
Covers All Types of Questions – Including practical-based and HOTS (High Order Thinking Skills)
While all chapters are important, some carry more weight in board exams and require extra attention:
Admission, Retirement, and Death of a Partner
Dissolution of Partnership
Issue and Redemption of Debentures
Cash Flow Statement
Financial Statements of Companies
These chapters are included with detailed solutions and are aligned with the latest paper pattern to give students an edge in exams.
These solutions are ideal for:
Class 12 CBSE students preparing for Board Exams
Students planning to pursue CA, CMA, B.Com, or other commerce-related fields
Those who want to understand accounting thoroughly from a foundational level
Whether you find Accountancy easy or difficult, these solutions will guide you through the learning process in a smart and structured manner.
TS Grewal Solutions for Class 12 are also available in downloadable PDF format. This allows students to learn offline, print chapters for revision, and study on-the-go without needing continuous internet access.
Class 12 Accountancy is an important milestone in every commerce student’s academic journey. With chapter-wise TS Grewal Solutions, learning becomes not only simpler but more efficient. These solutions provide a deep understanding of complex accounting principles and help students excel in their board exams and beyond.