Deblina Ganguly, Blogger at Edumarz
Table of Contents
CUET Exam
About the CUET Exam, 2022 Accountancy (301) Exam
Exam Overview
Accountancy Syllabus
Frequently Asked Questions
CUET Exam
The National Testing Agency released the CUET 2022 syllabus for the candidates appearing for the national level entrance test of CUET. Candidates who wish to take the CUET (UG) 2022 should prepare from the Class 12th NCERT syllabus. Aspirants will be able to get a better understanding of the important topics to crack the entrance exam.
About the CUET Exam, 2022 Accountancy (301) Exam
The Accountancy (301) exam of class 12 includes subtopics like Accounting for Not-for-Profit Organisations and Partnership Firms, Company Accounts and Financial Statement Analysis, and Computerized Accounting System. The Question Paper will have 50 questions out of which 40 questions need to be attempted. All the questions will be related to these topics.
CUET 2022 Accountancy Exam Overview
Exam Name:- CUET 2022
Subject Code:- 301
Exam of Class:-12
Total Number of Questions:- 50
Exam Syllabus:- Accounting for Not-for-Profit Organisations and Partnership Firms, Company Accounts and Financial Statement Analysis, and Computerized Accounting System.
Accountancy Syllabus
The syllabus is divided into four parts:
Unit 1: Accounting Not-for-Profit Organisation
Not-for-profit organization: Meaning and Examples.
Receipts and Payments.
Preparation of Income and Expenditure Account.
Unit 2: Accounting for Partnership
Nature of Partnership Firm: Partnership deed.
Final Accounts of Partnership.
Unit 3: Reconstitution of Partnership
Changes in profit sharing ratio.
Admission of a Partner.
Retirement/Death of a Partner.
Unit 4: Dissolution of Partnership Firm
Meaning, Settlement of accounts
Company Accounts and Financial Statement Analysis
Unit 5: Share and Debenture Capital Accounting
Share Capital: Meaning, Nature, and Types.
Accounting for Share Capital.
Forfeiture of Shares.
Issue of Debenture.
Unit 6: Analysis of Financial Statements
Financial Statements of a Company
Financial Analysis: Meaning, Significance, Purpose, Limitations.
Tools for Financial Analysis.
Accounting Ratios, Liquidity Ratios, Current ratio, Liquidity ratio. Solvency Ratio, Proprietary ratio, and Activity Ratio.
Unit 7: Statement of Changes in Financial Place
Cash Flow Statement: Preparation, Adjustments related to depreciation, dividend, tax, sale, and purchase.
Computerized Accounting System
Unit 1: Overview of Computerised Accounting System
Concept and kinds of Computerised Accounting System (CAS).
Features of a Computerised Accounting System.
Structure of a Computerised Accounting System.
Unit 2: Using Computerised Accounting System
Steps in the installation of CAS.
Data entry, Data validation, and Data verification.
Security of CAS.
Unit 3: Accounting by Database Management System (DBMS)
Concepts of DBMS.
Creating data tables for accounting.
Using queries, forms, and reports.
Unit 4: Accounting Applications of Electronic Spreadsheet
Concept of an Electronic Spreadsheet (ES).
Features offered by Electronic Spreadsheet.
Applications of Electronic Spreadsheet.
Frequently Asked Questions
Where can I check the syllabus of the Accountancy (301) exam of class 12?
You can read this article or check here for more information.
How many questions do I have to attempt in this exam?
Students must attempt 40 questions out of 50 questions.