NCERT Solutions for Class 12 Accountancy Chapter 1 Accounting For Partnership : Basic Concepts provide clear, step-by-step answers to every exercise and in-text question from the chapter Accounting For Partnership : Basic Concepts of the NCERT textbook Accountancy I (Not for Profit Organisation and Partnership Accounts). Prepared by subject experts as per the latest NCERT (CBSE) syllabus for 2026-27, these NCERT Solutions for Class 12 Accountancy help you understand each concept, write exam-ready answers, and check your own solutions. You can read them online below or download the free Class 12 Accountancy Chapter 1 question-answer PDF.
NCERT Solutions for Class 12 Accountancy Chapter 1 Accounting For Partnership : Basic Concepts
- Class: Class 12
- Subject: Accountancy
- Chapter: Chapter 1 – Accounting For Partnership : Basic Concepts
- Textbook: Accountancy I (Not for Profit Organisation and Partnership Accounts) (NCERT)
- Study material: NCERT Solutions – questions with answers, free PDF
These solutions answer all the exercise questions of Chapter 1 Accounting For Partnership : Basic Concepts — including the in-text questions, short-answer and long-answer questions, and activities — with complete explanations so you can follow the method, not just the final answer. Read the full solutions below.
NCERT Solutions for Class 12 Accountancy (Part 1) Chapter 1 Accounting for Partnership: Basic Concept View Download










































































NCERT Solutions for Class 12 Accountancy Chapter 1 PDF Download
You can read the NCERT Solutions for Class 12 Accountancy Chapter 1 online above, or download the complete question-answer PDF to study Accounting For Partnership : Basic Concepts offline at any time.
NCERT Solutions for Class 12 Accountancy Chapter 1 PDF Download Link – Click Here to Download Solutions PDF
How to Download NCERT Solutions for Class 12 Accountancy Chapter 1 PDF
Follow these simple steps to get the Accounting For Partnership : Basic Concepts questions-and-answers PDF from Accountancy I (Not for Profit Organisation and Partnership Accounts).
- Search NCERT Solutions for Class 12 Accountancy Chapter 1 aglasem and open this page.
- Read the exercise questions with answers for Accounting For Partnership : Basic Concepts shown above.
- Click the Download PDF link to save the Accounting For Partnership : Basic Concepts solutions to your device.
NCERT Solutions for Class 12 Accountancy – All Chapters
There are more chapters to study besides Accounting For Partnership : Basic Concepts in Accountancy. Here are the NCERT Solutions for all chapters of Class 12 Accountancy.
- Chapter 1 Accounting For Partnership : Basic Concepts
- Chapter 2 Reconstitution Of A Partnership Firm – Admission Of A Partner
- Chapter 3 Reconstitution Of A Partnership Firm – Retirement/death Of A Partner
- Chapter 4 Dissolution Of Partnership Firm
NCERT Solutions for Class 12 – All Subjects
Just like Chapter 1 of Accountancy, you can get the exercise questions with answers for every other subject of Class 12. Here are the NCERT Solutions for all subjects of Class 12.
- NCERT Solutions for Class 12 Accountancy
- NCERT Solutions for Class 12 Biology
- NCERT Solutions for Class 12 Business Studies
- NCERT Solutions for Class 12 Chemistry
- NCERT Solutions for Class 12 Economics
- NCERT Solutions for Class 12 English
- NCERT Solutions for Class 12 Geography
- NCERT Solutions for Class 12 Hindi
- NCERT Solutions for Class 12 History
- NCERT Solutions for Class 12 Maths
- NCERT Solutions for Class 12 Physics
- NCERT Solutions for Class 12 Political Science
- NCERT Solutions for Class 12 Psychology
- NCERT Solutions for Class 12 Sociology
NCERT Solutions for Class 12 Accountancy Chapter 1 – An Overview
The key highlights of this study material are as follows.
| Aspects | Details |
|---|---|
| Class | Class 12 |
| Subject | Accountancy |
| Chapter Number | Chapter 1 |
| Chapter Name | Accounting For Partnership : Basic Concepts |
| Book Name | Accountancy I (Not for Profit Organisation and Partnership Accounts) |
| Book By | NCERT (National Council of Educational Research and Training) |
| Educational Resource Here | NCERT Solutions of Class 12 Accountancy Chapter 1 for all exercises |
| More Questions Answers of This Subject | NCERT Solutions for Class 12 Accountancy |
| Download Book Chapter | NCERT Book Class 12 Accountancy |
| All Questions Answers For This Class | NCERT Solutions for Class 12 |
| Complete Solutions | NCERT Solutions |
NCERT Solutions for Class 12 Accountancy Chapter 1 Accounting For Partnership : Basic Concepts – FAQs
What are the NCERT Solutions for Class 12 Accountancy Chapter 1 Accounting For Partnership : Basic Concepts?
They are the complete, step-by-step answers to all the exercise and in-text questions of Chapter 1 Accounting For Partnership : Basic Concepts from the NCERT Class 12 Accountancy textbook Accountancy I (Not for Profit Organisation and Partnership Accounts), written by experts as per the latest NCERT syllabus.
How can I download the Class 12 Accountancy Chapter 1 solutions PDF for free?
Open this page on aglasem, read the Accounting For Partnership : Basic Concepts questions with answers, and click the “Download Solutions PDF” link. The Class 12 Accountancy Chapter 1 NCERT Solutions PDF is completely free to download.
Are these NCERT Solutions as per the latest 2026-27 syllabus?
Yes. The NCERT Solutions for Class 12 Accountancy Chapter 1 are based on the latest NCERT textbook Accountancy I (Not for Profit Organisation and Partnership Accounts) and the current 2026-27 CBSE syllabus, so the questions and answers match what you study in class.
Where can I get NCERT Solutions for the other chapters of Class 12 Accountancy?
You can find the answers to every chapter on the NCERT Solutions for Class 12 Accountancy page, and solutions for every subject on the NCERT Solutions for Class 12 page.
How do NCERT Solutions help in exam preparation?
They show the correct method to solve each question, help you write answers the way they are expected in exams, let you check and correct your own work, and save revision time — which together improve your marks in Class 12 Accountancy.
If you have any queries on NCERT Solutions for Class 12 Accountancy Chapter 1 Accounting For Partnership : Basic Concepts, then please ask in the comments below.

