This is T.S. Grewal's Double Entry Book Keeping — Accounting for Partnership Firms, Volume I, published by Sultan Chand & Sons as the textbook for CBSE Class XII, 2026 Edition. It is an English medium (Roman script) book — the complete text, formats, illustrations, solutions and question sets are in English, and there is no Hindi content in it. It is prepared for the CBSE Class 12 accountancy course.
Volume I covers the partnership half of the syllabus: accounting for not-for-profit organisations, the fundamentals of partnership accounting, goodwill and its valuation, change in profit sharing ratio, admission of a partner, retirement and death of a partner, and dissolution of a partnership firm.
T.S. Grewal is the standard practice text for Class 12 accountancy, and the reason is quantity and grading. Partnership accounts carry the largest weightage in the paper, and every reconstitution problem is a sequence — revaluation, treatment of reserves, goodwill adjustment, capital adjustment — where a single misplaced step carries through to a wrong balance sheet. Working a large number of problems is the only way that sequence becomes automatic. This book carries hundreds of graded illustrations and unsolved questions, from single-adjustment problems to full reconstitution questions of board length.
This edition adds the question formats the current CBSE paper uses. Competency based questions test application rather than format recall. Missing value questions — where a figure has to be worked backwards from the accounts — are a standing feature of the board paper and are notoriously difficult without practice. Case study based MCQs match the objective section, and there are "Test Your Knowledge" questions and past examination questions with each chapter. QR codes give access to supporting material.
The book is used alongside the prescribed NCERT accountancy textbook, which carries the concepts and the formats; Grewal is where the practice happens. Note that this is Volume I — company accounts and financial statement analysis are in Volume II.
Key Features:
English medium book — complete content written in English (Roman script), no Hindi content
Published by Sultan Chand & Sons
T.S. Grewal's Double Entry Book Keeping — Accounting for Partnership Firms, Volume I
Textbook for CBSE Class XII (Class 12), 2026 Edition
Covers Accounting for Not-for-Profit Organisations
Covers Accounting for Partnership Firms — Fundamentals
Covers Goodwill — nature and valuation
Covers Change in Profit Sharing Ratio among existing partners
Covers Admission of a Partner
Covers Retirement and Death of a Partner
Covers Dissolution of a Partnership Firm
Hundreds of graded illustrations and unsolved practice questions
Competency based questions
Missing value questions — figures worked backwards from the accounts
Case study based MCQs for the objective section
"Test Your Knowledge" questions with each chapter
Past examination questions included
QR code enabled for supporting material
For the CBSE Class 12 accountancy board examination
Volume I of a two-volume set — Volume II carries company accounts and financial statement analysis
Best used alongside the prescribed NCERT Class 12 accountancy textbooks
यह पुस्तक सुल्तान चंद एंड संस द्वारा प्रकाशित T.S. Grewal's Double Entry Book Keeping — Accounting for Partnership Firms, भाग I है, जो CBSE कक्षा XII (कक्षा 12) हेतु निर्धारित है; संस्करण 2026। ध्यान दें: यह पुस्तक पूर्णतः अंग्रेज़ी भाषा एवं रोमन लिपि में है — इसमें हिन्दी भाषा का प्रयोग नहीं है। इस भाग में अलाभकारी संस्थाओं का लेखांकन, साझेदारी लेखांकन के मूल सिद्धांत, ख्याति एवं उसका मूल्यांकन, लाभ-विभाजन अनुपात में परिवर्तन, नए साझेदार का प्रवेश, साझेदार का अवकाश ग्रहण एवं मृत्यु तथा साझेदारी फर्म का विघटन — ये अध्याय सम्मिलित हैं। कक्षा 12 लेखाशास्त्र में साझेदारी का भारांक सर्वाधिक होता है और प्रत्येक पुनर्गठन प्रश्न एक क्रम है — पुनर्मूल्यांकन, संचयों का समायोजन, ख्याति एवं पूँजी समायोजन — जिसमें एक चरण की चूक पूरे तुलन-पत्र को बदल देती है; इसी कारण पर्याप्त अभ्यास आवश्यक है। इसमें सैकड़ों क्रमबद्ध हल किए गए उदाहरण एवं अभ्यास प्रश्न, योग्यता-आधारित प्रश्न, missing value प्रश्न, केस स्टडी आधारित MCQ, "Test Your Knowledge" प्रश्न तथा विगत परीक्षाओं के प्रश्न सम्मिलित हैं; QR कोड के माध्यम से अतिरिक्त सामग्री भी उपलब्ध है। ध्यान दें कि यह भाग-I है; कम्पनी लेखांकन भाग-II में है।
