RBSE 12th Syllabus for Commerce 2026 - Know Important Units and Topics to Ace Exam

Part A

1

Introduction to Partnership

Meaning, types of partnership, Partnership Deed, Rules in the absence of Deed, Partners Capital A/c

Fixed and Fluctuating Capital Method, Calculation of Interest on Capital, Calculation of Interest on Drawings from the first date of a month, middle of the month and end of the month and also by product method.

Division of Profit, Guarantee of Profit to a Partner, Past adjustments in closed partnership by passing single entry and passing entries, Profit and Loss Adjustment Account

5

2

Admission of New Partner

Rights of a new partner, profit sharing ratio, sacrificing ratio, meaning of goodwill and definition, types of goodwill, methods of valuation of goodwill and its accounting (including hidden goodwill), division of undistributed profits and losses, revaluation of assets and liabilities, accounting when no change in book value of assets and liabilities

Adjustment of partner’s capital: adjustment in the capital of old partners on the basis of new partners capital and determination of new partner’s capital on the basis of old partners capital.

Balance sheet after admission, change in profit sharing ratio among the existing partners and accounting for such effects

8

3

Accounting for Retirement and Death of Partner

Problems and their accounting, Determination of amount payables at the time death of retirement of a partner, Payment of amount payable, Gain ratio, New-profit sharing Ratio, Accounting for goodwill, Division of undistributed profits and losses, Revaluation of assets and liabilities, Interest on capital upto the date or retirement/Death, Remuneration, Share in profit. Adjustment for joint life policy and Separate life policy (including surrender Value), Capital Account of deceased Partners Successor and its accounting,

Methods of Amount payable-lump-sum payment, payment in instalments and payment by annuity method, Provision under section 37 for non-settlement of final payment of Retiring Partner or deceased Partner

7

4

Dissolution of the Firm

Modes of Dissolution, Difference between dissolution of firm and partnership, the difference between Revaluation Account and Realisation Account. Accounting at the time of dissolution of the firm-

(i) Realisation Account,

(ii) Bank and Cash Account

(iii) Partners Capital Accounts

(iv) Other necessary accounts, transfer of assets and Liabilities, payment of liabilities, accounting for unrecorded assets and liabilities, accounting treatment, when a partner becomes insolvent (including Garner Vs. Murry rule)

5

5

Company Accounts: Issue of Shares and Debentures 

Issue of Shares and Debentures – Issue of Shares: Kinds of shares, kinds of share Capital and their disclosure in Balance Sheet, Procedure for issue of shares: Issue of shares at par and premium, Issue of shares for consideration other than cash, Calls-in-arrears, Calls-in-Advance, Right Shares, Sweat Equity Shares,

Issue of Debentures: Meaning of debentures, Types, difference between shares and debentures,

Issue of Debentures-at par, At discount and at premium issue lieu of collateral securities, writing off Discount/Loss on issue of debentures, Accounting for Interest on Debentures, Disclosure in Balance Sheet.

8

6

Introduction of Financial Statements of Company

Introduction to financial statements and the meaning of various items shown in the Balance Sheet. Format of Statement of Profit and Loss and general instructions for its preparation, Format of Balance Sheet and general instructions for its preparation

4

7

Joint Venture Accounts

Meaning of Joint venture, Characteristics, Difference between joint venture and Partnership, Methods of accounting for transactions related to joint Venture:

(i) Separate books are kept for accounting of joint Venture.

(ii) No separate books are maintained- When each co-venturer records its own transactions, when each co-venturer records all the transactions.

7

8

Consignment Account

Meaning of Consignment, Characteristics, Terminology related to consignment. Difference between Performa Invoice and Invoice, Difference between consignment and sale, the difference between consignment and joint venture, Accounting for consignment related transactions, Valuation of unsold stock with the consignee, Loss of goods sent on consignment: Normal and Abnormal, Damaged goods, Loss due to the negligence of consignee, Fall in the market value of the stock, Repairs of partially damaged goods, Sale of damaged goods by the consignee, Goods sent on consignment at invoice price and its accounting, Special commission or share in profit to the consignee, Conversion of consignment into Joint Venture

8

9

Accounting for Non-Trading Organisations and Professional Persons

Introduction, Books-Kept: Membership Register, stock Register and Cash Book, specific items; Receipts and Payments Account: Meaning, Procedure of Preparing and preparation, Difference between Receipts and Payments Account and Cash Book; Income and Expenditure Account: Meaning, Procedure of Preparing and to preparation, Preparation of Balance Sheet, Difference between Receipts and Payments Account and Income and Expenditure Account, Preparation of opening and closing Balance Sheet from Receipts and Payments Account and Income and Expenditure Account, Preparation of Receipts and Payments Account from Income and Expenditure Account and Balance Sheet.

8

Part B

10

Analysis of Financial Statements

Preface, the meaning of Financial Statements, Definition, objects, Nature, Characteristics, Utility and limitations. Procedure for analysis of financial statements: Techniques of Analysis of Financial Statements, Comparative Financial Statement: Common-Size Statement, Trend Analysis.

7

11

Ratio Analysis

Meaning of Ratio Analysis, Expression of Ratios, Objectives, significance, Limitations, Precautions in using Ratios, Classification of Ratios; Structural Classification, Functional Classification

Calculation of further mentioned main ratios: Liquidity ratios, Solvency ratios, Activity ratios, Profitability ratios and Investment Analysis Ratios

9

12

Ethics in Accounting

Introduction, Concept of Ethics and meaning, Nature, Sources, Professional Accountant and Ethics, Ethics in Accounting transactions: with regards to cash receipts, with regards to cash payments, with regard to goods, with regards to other assets, Window Dressing.

4

(OR) Part B

13

Application of Electronic Spreadsheet in Accounting

Concept, Utility, Features, Preparation of Payroll, Tables, Graphs, Formulas, Computation of Tax, Calculation of Interest and Installment on Loan, Calculation of depreciation, Financial forecasting.

10

14

Computerised Accounting system

Procedure for Installation of system, Accounting Information system, Difference in Manual and Computerised Accounting system, Characteristics and limitations, Basic structure, types of Software, coding and sequence of Account, Data: Profit and Loss Account and Balance Sheet.

5

15

Database Management System 

Concept, characteristics, structure, Profit elements, Types, Business Utility Elements, Tables, Query and Report (M.S. Excess), creation of Various accounting information, S.Q.L

5

1

Theory

56

2

Practise

08

3

Case Study

16

4

Sessional Evaluation

20

1

Management

• Meaning, Definition, Nature
• Functional Areas, Process
• Principles, Managerial Roles
• Emerging Trends: MBO, MBE, Strategic Management, Stress Management

16

2

Motivation and Leadership:

• Meaning, Definition, Needs, Techniques Theerics
• Maslow Herzberg, XYZ

Leadership:

• Meaning, Definition, Traits, Style

8

3

Advertisement

Meaning, Definition, Objectives, Means, Merit, Demerits, Importance 

Marketing Management: Introduction, Importance, Types, Methods

Sales Promotion: Introduction, Importance, Types, Methods

8

4

Business Law

Introduction, Scope, Terminology, Legal Provisions

Contract Act: Legal Provisions

16

5

Entrepreneurship

Introduction, Nature, Importance, Barriers

Entrepreneur: Traits, Types, Women and Rural

Entrepreneur, EDP: Government Efforts

8

6

Insurance

Introduction, Scope, Types, Objectives, Functions, Need, Importance, Social Security, Insurance Agent and Functions

8

7

Corporate Social Responsibility, CSR

Introduction, Legal Provisions, Importance

8

8

GST

Introduction

8

Microeconomics

1

Introduction

Introduction to Microeconomics

5

2

Consumer’s Behaviour

·         Consumer’s Equilibrium

·         Concepts of Demand

·         Elasticity of Demand

12

3

Producer’s Behaviour

·         Concept of Supply

·         Production Function

·         Concept of Cost

·         Concepts of Revenue

·         Equilibrium of Producer

12

4

Market and Price Determination

·         Perfect Competition

·         Other forms of market

·         Market Equilibrium

11

Macroeconomics

5

Concepts of National Income

·         Basics of Concepts of National Income

·         National Income and its Relates Aggregates

·         Measurement of National Income

11

6

Money and Banking

·         Money

·         Commercial Bank

·         Central Bank

10

7

Determination of Income and Employment

·         Concept of Consumption Function, Saving Function and Investment Function

·         Determination of Income and Output

·         Excess Demand and Low Demand

10

8

Concept of Budget and International Trade

·         Government Budget and Economy

·         Concepts of International Trade

7

9

Cashless Transactions

Cashless Transactions

2

1

Composite Function

·         Function

·         Inverse Circular Function

7

2

Algebra

·         Matrix

·         Determination

·         Inverse Matrix and Linear Equations

10

3

Calculus

·         Continuity and Differentiability

·         Application of Derivatives

·         Integration

·         Application of Integral

·         Differential Equations

38

4

Vector and Three-Dimensional Geometry

·         Vector

·         Three-Dimensional Geometry

14

5

Linear Programming

·         Linear Programming

4

6

Probability and Probability Distribution

·         Probability and Probability Distribution

7

Total

80