How to score good marks on accountancy paper.

By | April 5, 2021

Accountancy has both, theoretical topics as well as practice-based topics in every chapter. And Accounts need a lot of practice. Since board exams are very important for your upcoming career, you should important attention to study. You will surely feel helped with these simple Effective Tips to score higher marks in accountancy if you imply them in your study pattern.

Study the theory – definitions, meanings, conceptual explanations, applications and examples of the concepts must be studied in order to lay strong foundations for the chapter before moving ahead to complex adjustments.

Scoring marks in accountancy subject is not a difficult task because in this exam, the marks are given depending on the steps that you have attempt in your answer sheet. Thus, it depends on you that how you prepare your syllabus so that you can score marks in accountancy class 12th CBSE. But we are here with some tips that you can follow in order to prepare your syllabus. If you want to know these tips then have a look on some of them which are enlisted below:

Choose the unit that contains higher weightage and prepare it.

Keep this thing in your mind that you should solve as many questions as you can on each and every concept as we all know that practice makes a man perfect. Thus practice hard and try to get the approx. answer.

Solve some sample papers also so that you will understand the concept properly and will get some confidence to solve the question in your exam.

Take help from your friends, teachers and also you can take help from YouTube.

These are some tips that you should follow while preparing for the exam but now let us know some tips that you should take care of while attempting your exam which are enlisted below. Thus have a look:

Attempt questions on company accounts, cash flow statements, and partnership first. These carry 60% weightage in the paper.

You must draw up a proper format for Balance Sheet, Ledger accounts, and Journals and must write narrations in the case of journals.

Always do a numerical question from a fresh page, try to complete an account/ statement on a single page.

Read the question at least twice properly before answering and underline the important points of the question which will be useful in solving the question.

 Before exam

  • Solve maximum sample papers before the exam .Sample papers provide us with an idea of the type of questions and the pattern of the exam which you are actually going to write in the next few days. It helps you practice and learn time management skills.
  • Go through Previous year papers will help you get an idea of the types of questions which form part of the exam. These papers will help you prepare and analyze the most important concepts.
  • Also try some online sources. It may help in encrusting the knowledge of the subject.

I also a suggestion of an application Oye Exams’ Available at Google Play Store can help you to make your Board exam easy.

They provide:

  • Previous 12 years solved Question papers (with Original Paper copy).
  • Sample Papers According to latest exam pattern.
  • Chapter-wise Question bank
  • Graphical weightage analysis of each subject.
  • Yearly marking Trend analysis for each chapter.
  • Syllabus of each subject.
  • Instant Question Search Facility just a click Video lessons by expert teachers.
  • Important Questions

Accountancy has five very important chapters, focus on revisiting them now and over the next few days:

  1. Fundamentals
  2. Admission of partner
  3. Share capital
  4. Ratio analysis
  5. Cash flow statements
  6. The remaining Chapters should be revised after you’ve finished these.

During exam

  • Attempt questions on company accounts, cash flow statements, and partnership first. These carry 60% weightage in the paper.
  • Try to solve financial statement analysis at the end of all questions, because it contains a lot of calculations.
  • Always do a numerical question from a fresh page, try to complete an account/ statement on a single page.
  • You must draw up a proper format for Balance Sheet, Ledger accounts, and Journals and must write narrations in the case of journals.
  • show your work notes clearly with appropriate statements,
  • You should also go through all illustrations and give formulae for ratio analysis.
  • Read the question at least twice properly before answering.
  • Underline the important points of the question which will be useful in solving the question.
  • Draw formats of various accounts and statements with proper headings. Use a scale to improve your presentation.
  • Do not try to match the Balance Sheet with the wrong amounts. You cannot fool the paper checkers.
  • the board follows a step-wise marking pattern for checking thus if your balance sheet is not tallied even then you will get marks for the steps done correctly.
  • There are a few accounting requirements that you need to take care like writing Dr for the debit amounts, Cr for the credit amounts, and headings like Date, particulars, New Indian Rupee symbol and amount, etc.
  • While making formats of Journal / Ledger/balance sheet or any statement use pencil and not pen.

Best of Luck

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