How to Score 95+ in XII Accountancy

 

CBSE and other state boards have released the XII board date sheet. Exams are going to start from first week of March in CBSE and state boards and in some state boards from last week of February. For Commerce students Accountancy is one of the most important and most challenging paper. But keep in mind that it is also one of the most scoring subject. You can't expect a good merit while ignoring Accountancy. If you are also a XII Commerce student and going to appear for board paper just keep in mind the following points to secure excellent marks in Accountancy.

1. Don't be in hurry while reading the questions: One of the common mistake committed by Accountancy students is they didn't pay attention while reading questions. Don't ever try to save time while reading questions even if you think that you are perfect with topic asked in the question. First read questions carefully then only go for answer.


2. Write items and entries in proper format : While passing journal entries or writing items in ledger accounts or Balance Sheet ensure that you are following proper format. If you are passing journal entries do remember to go through the proper journal format even if a single entry has to be passed. While preparing ledger Accounts ensure that you have written Dr. and Cr. on both of the side of the account, date is written in bracket if required, To and By respectively in D and Cr side. While preparing Cash Flow Statement don't forget to write Name of the company ,Cash Flow Statement ,as per AS-3 revised and date. Also carry the amount from inner column to outer column in proper way. Note it down that student is awarded marks even if some entries are wrong only when he has followed the format.


3. Write Narration : One common mistakes committed by students in Accountancy paper is not writing narration. Don't do this narration is a part of journal entry and checker expect the proper explanation of entries passed. You are expecting full marks from checker give a proper but short explanation in form of narration.


4. Avoid overwriting : Strictly avoid overwriting in Accountancy paper. If an amount has wrongly being written and you would like to change it just cut the figure and write the amount separately rather to overwrite it.


5. Show your workings clearly : Note it down that Working notes are the parts of your solution. So do your working clearly in a systematic way just below your solution or make a separate space for workings.


6. Be decisive while selecting choices: A good news is there for students CBSE has increased the internal choices in board paper. As per new guidelines issued by CBSE almost 33% to 45% questions in question paper would have internal choices. You can read the full guideline of CBSE by clicking the following link http://www.vedantaclasses.in. Be  decisive while selecting the internal option as per your perfection and hold on the topic.


7. Time Management : One of the most challenging task is the completion of paper on time. Accountancy paper is very lengthy as compared to other commerce subjects so make a proper strategy related to  paper completion on time. Plan 3 hours wisely and set the standard time for each part and each category of questions and strictly follow it.


8. Don't give extra time to any question: This is one of the most blunder mistake committed by Accountancy students in board papers. Sometimes while solving a question student is so much confident that balance sheet will match, but it didn't. Now what he did to check the error committed because of his confident again and again . It is suicidal decision and strictly avoid this. You can check it once but still if error is not found just leave it and go ahead. You can check the error if some sphere time left at the end.


9. Follow Hierarchy : It is not compulsory but desired. If it is possible and you are knowing all the questions just try to follow a hierarchy while attempting the questions to make a positive impression in front of checker. One more thing you can do is try to start paper from last one if you are comfortable.


10. Attempt all questions: Don;t leave any question unattempted even if are not knowing few entries. Just do it remember if you will leave it unattempted you will lose full marks but if will attempt with some wrong entries but proper format you will definitely be awarded some marks.


11. Don't put your brain on answer sheet : One common problem with Accountancy student is he or she put her brain on paper. Don't do this. Read carefully what is asked in question calculate, prepare ledger accounts or pass journal entries. You have to strictly answer what have been asked. Suppose in Admission question it is asked to journalise and you have prepared ledger accounts , definitely it was wastage of time and you will not be awarded with marks.


12. Give notes if required: I remember a question asked before three years in CBSE board exams in Cash Flow Statement. There was an item 'Short term provisions' but didn't specified whether it is proposed divided or provision for taxation or something else. Students get confused in such a case give a note and assume as per your convenience. You will be awarded full marks. (Copyright@vedantaclasses.in) 

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