RBSE SS Accountancy study guide
RBSE SS Accountancy · Work through your exam, one topic at a time.
RBSE Senior Secondary Accountancy, usually called Rajasthan Board Class 12 Accountancy, is the accountancy paper of the Senior Secondary examination conducted by the Rajasthan Board of Secondary Education (RBSE), Ajmer. Candidates take it as a subject within the Commerce stream, and the marks feed into the Class 12 result used for board certification and for eligibility in higher education and many state recruitment processes. The RBSE SS Accountancy study guide has 10 sections and about 3,478 words.
01Accounting for Partnership Firms - Fundamentals
Partnership fundamentals is where the exam tests whether you can read a deed and apply its clauses instead of the default rules. Almost every later chapter - admission, retirement, dissolution - reuses these rules, so precision here pays twice.
398 words, about 2 min02Reconstitution of Partnership - Admission, Retirement and Death of a Partner
Reconstitution questions test one skill: who gives up what, and who gains what, when the set of partners changes. At admission the new partner acquires his share from the old partners.
394 words, about 2 min03Dissolution of Partnership Firms
Dissolution closes the firm: assets are sold, outside liabilities are paid, and whatever remains is distributed to partners. Transfer every asset except cash and bank balances, and except fictitious balances such as the debit balance of Profit and Loss, to the debit of Realisation at book value.
346 words, about 2 min04Accounting for Share Capital
Share capital questions combine company-accounts procedure with careful arithmetic on application, allotment and calls. Share capital is disclosed as authorised, issued, subscribed, called-up and paid-up.
364 words, about 2 min05Accounting for Debentures
Debentures are long-term borrowings, and the exam tests issue, interest and redemption entries. Debentures may be issued at par, at a premium or at a discount, and may be redeemable at a premium.
350 words, about 2 min06Financial Statements of Companies
Company final accounts follow Schedule III; the marks come from knowing where each item sits, not from inventing a new format. Structure: revenue from operations plus other income gives total revenue; then expenses - cost of materials consumed or purchases, changes in inventories, employee benefit expenses, finance costs, depreciation and amortisation, other expenses - giving profit before exceptional and extraordinary items, then profit before tax, tax expense (current and deferred), and profit after tax.
327 words, about 2 min07Analysis of Financial Statements
Analysis converts statements into comparisons and ratios; marks come from applying the right formula to the right figure. Comparative statements show absolute change and percentage change, computed as (current year − previous year) ÷ previous year × 100.
320 words, about 2 min08Cash Flow Statement
The cash flow statement explains the movement in cash and cash equivalents only - it does not explain profit. Operating activities cover revenue-producing activities.
316 words, about 2 min09Accounting for Not-for-Profit Organisations
Not-for-profit organisations exist to serve a purpose rather than to earn, and the exam tests the three statements and their different bases. The Receipts and Payments Account is a cash-basis summary of the cash book: it includes capital and revenue items together and shows opening and closing balances of cash and bank.
332 words, about 2 min10Computerised Accounting System
Computerised accounting tests whether you understand how software records and reports transactions, not whether you can press buttons. A computerised accounting system has hardware, software, people (users and IT staff), procedures, data and connectivity.
331 words, about 2 min