RBSE Class 12 Accountancy Syllabus 2025-26: Check Rajasthan Board 12th Accountancy Syllabus

1. Accounting for Partnership: Basic Concepts

Nature of Partnership – Meaning and features; Partnership Deed – Meaning, Types, Contents of partnership deed, Provisions of partnership act relevant for accounting; Special Aspects of Partnership Accounts; Maintenance of Capital Accounts of Partners – Fixed capital method, Fluctuating capital method and distinction between both methods; Distribution of Profit among Partners – Profit and Loss Appropriation Account, Journal entries of adjustments such as interest on capital, interest on drawings, salary, commission and other benefits; Guarantee of Profit to a Partner; Past Adjustments – relating to interest on capital, interest on drawings, salary, commission, profit-sharing ratio and other benefits.

2. Reconstitution of a Partnership Firm – Admission of a Partner

Meaning & Modes of Reconstitution of a Partnership Firm; Admission of a New Partner; New Profit Sharing Ratio; Sacrificing Ratio; Goodwill – Meaning, Factors affecting the value of Goodwill, Need for Valuation, Methods of Valuation, Treatment of Goodwill, Hidden Goodwill; Adjustment for Accumulated Profits and Losses; Revaluation of Assets and Reassessment of Liabilities and Treatment in accounting; Adjustment of Capitals; Change in Profit Sharing Ratio among the Existing Partners.

3. Reconstitution of a Partnership Firm – Retirement/Death of a Partner

Ascertaining the Amount Due to Retiring/Deceased Partner; New Profit Sharing Ratio; Gaining Ratio; Treatment of Goodwill – when Goodwill account does not appear in the books, when Goodwill account appears in the books, Hidden Goodwill; Accounting for adjustments for revaluation of assets and liabilities; Adjustment of accumulated profits and losses; When a partner retires in the middle of the financial year; Disposal of amount due to retiring partner; Adjustment of partners' capitals; Accounting on death of a partner.

4. Dissolution of Partnership Firm

Dissolution of Partnership and its ways; Dissolution of a Firm – ways, distinction between dissolution of partnership and partnership firm; Settlement of Accounts; Accounting Treatment – journal entries, preparing realisation account, partners’ capital account, bank/cash account.

1. Accounting for Share Capital

Meaning and Features of a Company; Kinds of Companies; Share Capital of a Company – Categories of share capital; Nature and Classes of Shares – Preference shares, Equity shares; Issue of Shares – Procedure of issue of shares; Accounting Treatment – Issue of shares, Forfeiture and Reissue of shares.

2. Issue and Redemption of Debentures

Meaning of Debentures and Bonds; Distinction between Shares and Debentures; Types of Debentures; Issue of Debentures – For cash at par, at premium, at discount; Over-subscription; Issue of debentures for consideration other than cash; Issue of debentures as collateral security; Terms of issue of debentures; Interest on Debentures – Accounting treatment; Writing off discount/loss on issue of debentures; Redemption of Debentures.

3. Financial Statements of a Company

Meaning and Nature of Financial Statements; Objectives of Financial Statements; Types of Financial Statements – Format and content of Balance Sheet and Statement of Profit and Loss as per Schedule III; Uses and Importance of Financial Statements; Limitations of Financial Statements.

4. Accounting Ratios

Meaning of Accounting Ratios; Objectives of Ratio Analysis; Advantages of Ratio Analysis; Limitations of Ratio Analysis; Types of Ratios – Traditional classification and functional classification; Liquidity Ratios; Solvency Ratios; Activity (Turnover) Ratios; Profitability Ratios.

5. Cash Flow Statement

Meaning and Objectives of Cash Flow Statement; Benefits of Cash Flow Statement; Cash and Cash Equivalents; Cash Flows; Classification of Activities – Operating, Investing and Financing activities; Ascertainment of Cash Flow from Operating Activities – Direct and Indirect method; Cash Flow from Investing and Financing Activities; Preparation of Cash Flow Statement.