Maharashtra Board Class 12 Book-Keeping and Accountancy Important Topics 2027
Every topic ranked by how often and how recently it was asked in 7 past board papers (2022–2026).
Top 10 most important topics
| # | Topic | Chapter | Asked in | Importance |
|---|---|---|---|---|
| 1 | Income and Expenditure Account | Accounts of Not for Profit Concerns | Board 2022Board 2024Board 2025Board 2026 | ★★★★★ |
| 2 | Balance Sheet and adjustments | Introduction to Partnership and Partnership Final Accounts | Board 2022Board 2024Board 2025Board 2026 | ★★★★☆ |
| 3 | Revaluation of assets and liabilities | Reconstitution of Partnership (Admission of Partner) | Board 2022Board 2024Board 2025Board 2026 | ★★★★☆ |
| 4 | Terms and parties to a bill | Bills of Exchange | Board 2022Board 2024Board 2025Board 2026 | ★★★☆☆ |
| 5 | Realisation Account | Dissolution of Partnership Firm | Board 2022Board 2024Board 2025Board 2026 | ★★★☆☆ |
| 6 | Deceased partner's capital account | Reconstitution of Partnership (Death of Partner) | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| 7 | Trading and Profit & Loss Account | Introduction to Partnership and Partnership Final Accounts | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| 8 | Issue of shares at par, premium, discount | Company Accounts - Issue of Shares | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| 9 | Revaluation on retirement | Reconstitution of Partnership (Retirement of Partner) | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| 10 | Adjustment of goodwill on admission | Reconstitution of Partnership (Admission of Partner) | Board 2025Board 2026 | ★★☆☆☆ |
Chapter-wise important topics
Introduction to Partnership and Partnership Final Accounts · Partnership Accounts
| Balance Sheet and adjustments asked 19× | Board 2022Board 2024Board 2025Board 2026 | ★★★★☆ |
| Trading and Profit & Loss Account asked 10× | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| Features of partnership and Partnership Act asked 6× | Board 2024Board 2025Board 2026 | ★☆☆☆☆ |
| Partnership deed and its contents asked 3× | Board 2022Board 2024Board 2026 | ★☆☆☆☆ |
Accounts of Not for Profit Concerns · Other Accounts
| Income and Expenditure Account asked 22× | Board 2022Board 2024Board 2025Board 2026 | ★★★★★ |
| Treatment of specific items (subscriptions, funds) asked 6× | Board 2022Board 2024Board 2025 | ★☆☆☆☆ |
| Receipts and Payments Account asked 5× | Board 2022Board 2025Board 2026 | ★☆☆☆☆ |
| Balance Sheet of NPO asked 2× | Board 2024 | ★☆☆☆☆ |
Reconstitution of Partnership (Admission of Partner) · Partnership Accounts
| Revaluation of assets and liabilities asked 16× | Board 2022Board 2024Board 2025Board 2026 | ★★★★☆ |
| Adjustment of goodwill on admission asked 7× | Board 2025Board 2026 | ★★☆☆☆ |
| New profit sharing ratio and sacrifice ratio asked 3× | Board 2022Board 2024Board 2026 | ★☆☆☆☆ |
| Capital adjustments on admission asked 1× | Board 2024 | ★☆☆☆☆ |
Reconstitution of Partnership (Retirement of Partner) · Partnership Accounts
| Revaluation on retirement asked 8× | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| Settlement of retiring partner's account asked 3× | Board 2024Board 2025 | ★☆☆☆☆ |
| Gain ratio and goodwill on retirement asked 3× | Board 2022Board 2025 | ★☆☆☆☆ |
Reconstitution of Partnership (Death of Partner) · Partnership Accounts
| Deceased partner's capital account asked 11× | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| Deceased partner's share of profit asked 2× | Board 2025Board 2026 | ★☆☆☆☆ |
| Goodwill and revaluation on death asked 1× | Board 2026 | ★☆☆☆☆ |
Dissolution of Partnership Firm · Partnership Accounts
| Realisation Account asked 12× | Board 2022Board 2024Board 2025Board 2026 | ★★★☆☆ |
| Insolvency of a partner asked 6× | Board 2022Board 2024Board 2025Board 2026 | ★☆☆☆☆ |
| Settlement of accounts on dissolution asked 3× | Board 2024Board 2025Board 2026 | ★☆☆☆☆ |
| Modes of dissolution asked 1× | Board 2026 | ★☆☆☆☆ |
Bills of Exchange · Other Accounts
| Terms and parties to a bill asked 12× | Board 2022Board 2024Board 2025Board 2026 | ★★★☆☆ |
| Retirement, renewal and dishonour of a bill asked 6× | Board 2022Board 2024Board 2025Board 2026 | ★☆☆☆☆ |
| Journal entries (drawing, acceptance, discounting) asked 3× | Board 2024Board 2026 | ★☆☆☆☆ |
Company Accounts - Issue of Shares · Other Accounts
| Issue of shares at par, premium, discount asked 8× | Board 2022Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| Over-subscription and pro-rata allotment asked 3× | Board 2022Board 2024Board 2026 | ★☆☆☆☆ |
| Journal entries for application, allotment and calls asked 2× | Board 2024Board 2025 | ★☆☆☆☆ |
| Forfeiture and reissue of shares asked 1× | Board 2025 | ★☆☆☆☆ |
Analysis of Financial Statements · Other Accounts
| Accounting ratios (liquidity, profitability, solvency) asked 4× | Board 2025Board 2026 | ★☆☆☆☆ |
| Comparative and common-size statements asked 4× | Board 2022Board 2024Board 2025 | ★☆☆☆☆ |
| Meaning and objectives of analysis asked 3× | Board 2022Board 2025 | ★☆☆☆☆ |
Computer in Accounting · Other Accounts
| Accounting software and applications asked 7× | Board 2024Board 2025Board 2026 | ★★☆☆☆ |
| Features and advantages of CAS asked 5× | Board 2024Board 2025Board 2026 | ★☆☆☆☆ |
| Introduction to computerised accounting asked 2× | Board 2022 | ★☆☆☆☆ |
Importance = how often a topic was asked × how recent, with extra weight for the latest official sample paper.