After class 10’s boards the students get separated and differentiated by the subjects chosen by them. Some of the students choses ARTS, some of them choses COMMERCE and again some of the students choses SCIENCE.
The students who take commerce face problems with the accountancy sums. Hence, it is required for the students to keep their bases strong in accountancy. As because accountancy is a subject in which both pass course and honors course can be taken. That says how important the subject of accountancy is , For a children.
1) Focus On Journals
As it is known that the base of the accountancy subject depends upon the journals. The one having a strong base in a journal can solve most of the problems easily. journals serve as everything in case of the ACCOUNTANCY PROBLEMS.
2) Focus On The Tough Chapters Like Depreciation And Final Accounts And BRS
With the needs of the journal, the chapters like depreciation , business reconciliation statement and the final accounts are to be done with great preparations. The business reconciliation statement includes the adding and lessing of the assets and liabilities.
The difference between the bank statement and general ledger is seen in the BRS. Matching balance for records of cash account entries corresponding to the bank statement.Reduction in the value of assets over time to other currencies, in depreciation is another part which is to be done with sincerity. All these are to be done with utmost practice.
3) Read The Question Paper First
The question paper for accountancy must be read for 15 minutes at first. Then after that analyzing is to be done, firstly those questions are to be attempted which are certainable by the students. Checking marks assigned for each question is necessary before analyzing the question.
4) Formats And Working Requirements
The formats are to be maintained in accountancy. Which is one of the main reasons behind the success of great marks in accountancy problems. The wrong format in the accountancy leads to a wrong impact in the accountancy problems.
And the workings are to be shown clearly. The workings are to be very neat and clear.
5) Balance Sheets Problems
The balance sheet new format has some impact on Common Size Income Statement, Comparative Balance Sheet, Comparative Income Statement, and Common Size Balance Sheet. Students should be careful and write according to the new format. And if the balance sheet doesn’t tally, The amount difference from both sides must be checked. The amount of questions from both the liabilities and assets must be checked. Both the double sided effects must be checked from the balance sheets. No time must be wasted while checking these processes.
6) The Answer Number Must Be Highlighted
The answer number of the ACCOUNTANCY PROBLEMS must be highlighted with other ink, or with capital letters. These highlighted portions are to be done with extra caring.
7) Formulas Of Accountancy
The formulas of accountancy are to be remembered accordingly. The formulas are to be written in a separate copy. Jord down of those formulas helps the student to remember and use those formulas in future.
8) Dk Goel Solutions
These solutions are based on the latest DK GOEL problems.
These problems and solutions help a lot in the development of the intelligence level of the students. The DK GOEL SOLUTIONS provides all equation problems and a lot of numeric problems. It becomes very helpful for the student to secure great marks in Accountancy problems.
9) A Lot Of Practice
A lot of practice is required in case of accountancy. As because the student doesn’t get acquired with the accountancy problems, hence a lot of practice is required.
10) Stay Calm And Quiet
The student must remain calm and quiet in the examination hall. Because getting a panic attack is not a solution to any of the problems. Solving the problems by taking time and doing it correctly is the thing which is needed.