Boost your Accountancy preparation with this concise Daily Practice Paper for Chapter 1 – Accounting for Partnership: Basic Concepts. Covers all key topics like partnership deed, capital accounts, interest on capital, interest on drawings, partner’s salary/commission, and profit-sharing ratios, as per the latest CBSE syllabus.

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✅ Daily Practice Paper – Class XII Accountancy (Part I) | Chapter 1: Accounting for Partnership – Basic Concepts

Strengthen your fundamentals of partnership accounting with this well-designed Daily Practice Paper for Class XII Accountancy, Chapter 1 – Accounting for Partnership: Basic Concepts. Aligned with the latest CBSE 2025–26 syllabus and NCERT guidelines, this resource helps students clearly understand essential concepts such as features of partnership, partnership deed, fixed and fluctuating capital accounts, interest on capital, interest on drawings, partner’s salary/commission, and profit-sharing ratios.

This DPP offers a balanced mix of objective questions, MCQs, numericals, short answers, reasoning-based questions, and application-based problems to build accuracy and confidence. Each question is crafted to strengthen conceptual understanding and improve the numerical proficiency required for board exams.

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