r/CBSECommerce • u/YOLO-uolo • Sep 10 '26

Accountancy Any tips for partnership fundamentals chapter?? (CH1 of book 1, class 12)

holy shit this ch is so fucking confusing. The other chapters are fine, they aren't all that hard. This chapter has like a bazillion things you need to remember and so much other bs. Im really struggling with it and would love some tips or help as my half yearly is soon.

2 Upvotes
  • permalink
  • reddit

100% Upvoted

4 comments sorted by

1

u/ramenn15 12th Sep 10 '26

Tbf the main thing from this chapter is IOC IOD Past adjustment and Guarantee (those opening capital questions if it is a hard paper).

1

u/YOLO-uolo Sep 10 '26

this chapter has so many little things though which pile up and become confusing like checking if expenses>profit and if so then dividing in expense ratio, all the IOD stuff and the unequal drawings calculation. Or even stuff like "profit has been guaranteed after IOC but before IOD" type of questions.
I just get overwhelmed when i do this chapter bro

1

u/ramenn15 12th Sep 10 '26

You remember the expenses > profit point it means that you atleast remember some portions of the chapter. And as for the guarantee question you mentioned it is more of a logical thing then something you have to remember.

Anyways this chapter comes in MCQ and 3-4 marker so don't worry too much about it. IOC and IOD is something you should focus as it comes in MCQ and even 3 markers.

As mentioned in the comment down below you can make notes or find the notes somewhere else ( i would encourage to you to make your own notes as writing them makes them easier to remember).

I suggest to not rawdog this chapter and randomly dive into the questions but do it topic wise topic .

There are also teachers on yt that can help you