Class 12 Accountancy Chapter 1: Accounting for Not-for-Profit Organisation

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The Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation is an important chapter that introduces students to the concept of accounting for non-profit organizations. In this chapter, students will learn about the various aspects of accounting for not-for-profit organizations, including the accounting principles, financial statements, and the preparation of income and expenditure account and balance sheet.

NCERT Solution for Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation covers all the questions provided in the NCERT textbook for Class 12 Accountancy. At BYJU'S, it is available for free download.

Download the PDF of NCERT Solutions for Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation

Students can download the PDF of NCERT Solutions for Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation from the provided link. The NCERT solutions are prepared by expert teachers and cover all the important topics of the chapter.

Access the Solutions for Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation

Students can access the solutions for Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation from the provided link. The solutions are available in PDF format and can be downloaded for free.

Concepts covered in this chapter are listed below:

Introduction to Not-for-Profit Organisation
Accounting Principles for Not-for-Profit Organisation
Accounting Records and Systems
Preparation of Income and Expenditure Account
Preparation of Balance Sheet

Conclusion

The Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation is an important chapter that introduces students to the concept of accounting for non-profit organizations. It covers the various aspects of accounting for not-for-profit organizations, including the accounting principles, financial statements, and the preparation of income and expenditure account and balance sheet.

Students can download the NCERT solutions for Class 12 Accountancy Chapter 1 - Accounting for Not-for-Profit Organisation from the provided link. The solutions are prepared by expert teachers and cover all the important topics of the chapter.