Author: T.S. Grewal, H.S. Grewal, CA.(Dr.) G.S. Grewal, R.K. Khosla
T.S. Grewal's Accountancy Textbook for CBSE Class 12 - Vol. 1, 2 & AFS
For students aiming to ace their board exams, managing different study resources can be overwhelming. To streamline preparation for the 2026–27 academic session, this comprehensive 3-book bundle brings together India's most trusted accounting textbooks into one ultimate package. Written by the iconic author panel of T.S. Grewal, H.S. Grewal, CA. (Dr.) G.S. Grewal and R.K. Khosla, this set is the top choice for teachers and board toppers nationwide.
By opting for this complete set ofTS Grewal Class 12 book volumes, students get everything required to cover the entire CBSE curriculum theory, extensive practical problems, board scanners, and project guidelines without needing any external reference materials.
What is Included in this 3-Book Bundle?
This combined set functions as an all-in-one repository, thoroughly addressing every module prescribed by the CBSE guidelines across three specialized volumes:
Double Entry Book Keeping - Accounting for Partnership Firms (Vol. 1): Focuses deeply on the foundational principles of partnership, covering Fundamentals, Goodwill Valuation, Change in Profit-Sharing Ratio, Admission, Retirement, Death, and the complete Dissolution of a Partnership Firm.
Double Entry Book Keeping - Accounting for Companies (Vol. 2): Delivers a step-by-step practical approach to corporate accounting, guiding students through the complexities of Accounting for Share Capital and the Issue of Debentures under the lens of the Companies Act, 2013.
Analysis of Financial Statements (AFS):Masterfully handles financial reporting analysis and tools. It covers Financial Statements of a Company, Tools of Analysis (Comparative & Common-Size Statements), Accounting Ratios, and Cash Flow Statements.
Unmatched Exam Preparedness Features
This complete CBSE Accountancy Book Class 12 collection uses class-tested, well-graded material refined over 55+ years to deliver a clear and simple textual flow. It explicitly designs its question banks to prepare students for modern evaluation standards, making it the best reference book for class 12 CBSE Accountancy:
Targeted Question Formats:The entire set is packed with Objective Types, Multiple Choice Questions (MCQs), Assertion-Reason Based MCQs, Missing Value Questions, and Case Study Based MCQs.
50% Competency Weights: To match the latest board blueprints, a significant portion of the exercise sets features advanced Competency-Based Questions that test deep concept application.
Past Year Board Scanners: Every book in the set comes equipped with its own dedicated section of relevant past examination questions (neatly divided into Part A: Theory and Part B: Practical Problems) along with detailed insights from official Sample Papers.
Complete Project Solution: The AFS volume includes comprehensive guidelines and templates for Part C: Project Work, ensuring students can easily compile their mandatory practical files.
Interactive Learning Tools and Mobile Integration
This hybrid textbook combo effectively bridges traditional text learning with modern digital convenience through built-in tech integrations:
Smart In-Text QR Codes: Strategically embedded throughout the chapters of all three books, scanning these codes instantly unlocks extra practical illustrations, additional practice questions (including Very Short Answer Types), and visual accounting process Flow Charts.
Companion 'GCL for Accountancy' App: Included for free with the set, this mobile application (supporting iOS and Android) features a huge bank of approximately 3,000 objective questions. It simulates real exam stress through a time-limited test format and provides instant performance analytics broken down by difficulty and speed.
Fully updated as per current board syllabus with rationalized topics and latest guidelines.
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NCERT Aligned
Includes NCERT & Exemplar based questions to build solid baseline concepts for exams.
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Chapter Review
MCQs, statement variations, and objective questions at the end of every single chapter.
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Quick Recap
Key concepts, core definitions, and formulas mapped out for fast final revisions.
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Practice Papers
Self-practice test papers designed rigorously for high-impact exam preparation.
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Graded Exercises
Well-graded practice problems starting from basic levels to highly advanced application stages.
Why Buy From Us
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Genuine Product
100% authentic academic textbooks sourced directly from Sultan Chand & Sons publisher warehouse.
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Easy Returns
Hassle-free, smooth exchange policy within 7 days of order delivery for damaged or incorrect books.
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75+ Years Trusted
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Chapters Covered
📖 View Complete Table of Contents+
T.S. Grewal's Class 12 Chapters(Vol. 1)
Chapter 1: Accounting for Partnership Firms—Fundamentals
Chapter 2: Goodwill: Nature and Valuation
Chapter 3: Change in Profit-Sharing Ratio Among the Existing Partners
Chapter 4: Admission of a Partner
Chapter 5: Retirement of a Partner
Chapter 6: Death of a Partner
Chapter 7: Dissolution of a Partnership Firm
T.S. Grewal's Class 12 Chapters(Vol. 2)
Chapter 8: Accounting for Share Capital
Chapter 9: Issue of Debentures
PART B:FINANCIAL STATEMENTS ANALYSIS
Chapter 1: Financial Statements of a Company
Chapter 2: Financial Statement Analysis
Chapter 3: Tools of Financial Statement Analysis—Comparative Statements and Common-size Statements
Chapter 4: Accounting Ratios
Chapter 5: Cash Flow Statement
PART C:PROJECT WORK
Project Work
About The Authors
T.S. Grewal
Legendary Commerce Educator | Academic Author | Alumnus, Harvard Business School (ITP)
Prof. T.S. Grewal was a visionary academician who revolutionized accountancy education in India. A Gold Medalist from Calcutta University and an alumnus of the prestigious International Teachers Program at Harvard Business School, he dedicated his life to simplifying complex accounting concepts. He authored benchmark textbooks, including Double Entry Book Keeping and Advanced Accounts, transforming how the subject is taught. Today, his enduring legacy and concept-based approach continue to guide generations of commerce students and teaching professionals nationwide.
CA. H.S. Grewal is a Fellow Chartered Accountant (FCA) and a graduate of Shri Ram College of Commerce, University of Delhi. With over 30 years of experience in professional practice and commerce education, he has co-authored and revised the renowned T.S. Grewal Accountancy series. His expertise lies in financial accounting and the transition from single-entry to accrual-based double-entry accounting systems, making complex concepts accessible to students and educators.
Chartered Accountant & Veteran Educator | Ph.D. in Banking Finance | Co-Author, T.S. Grewal Series
CA. (Dr.) G. S. Grewal is an eminent Chartered Accountant and academician with over 40 years of combined experience in corporate practice and teaching. An alumnus of SRCC with a Ph.D. from the University of Southern California, he brings profound industry and legal expertise to his role in revising the benchmark T.S. Grewal accountancy textbooks series for CBSE and ISC. Recognized by the ICAI for his academic contributions, he actively serves on its Board of Studies and has been a vital member of CBSE and NCERT syllabus committees.
Educator with 50+ years of teaching experience | Academic Author & Veteran Faculty
Mr. R.K. Khosla is an eminent commerce academician with nearly 50 years of distinguished teaching experience in the field of accounting. A seasoned educator, he has served as a faculty member for the Northern India Regional Council (NIRC) of the Institute of Company Secretaries of India (ICSI) and formerly for the NIRC of the Institute of Chartered Accountants of India (ICAI). He is widely recognized as the co-author of the premier accounting textbook series for CBSE and ISC Class 11 and 12 examinations, including T. S. Grewal’s Double Entry Book Keeping, Analysis of Financial Statements, and Management Accounting.
This combo contains all three textbooks prescribed for the CBSE Class 12 Accountancy curriculum:
*Double Entry Book Keeping – Accounting for Partnership Firms (Vol. I)
*Double Entry Book Keeping – Accounting for Companies (Vol. II)
*Analysis of Financial Statements
Absolutely. This 3-book bundle is carefully and precisely designed to be a completely self-sufficient preparation tool for achieving a 90+ score in your board examinations. Because the combo comprehensively covers the entire curriculum from partnership fundamentals and company accounts to financial statement analysis, it systematically builds the deep conceptual clarity required to tackle any complex board question. Every concept aligns precisely with NCERT guidelines and incorporates official CBSE syllabus parameters, meaning you do not need to rely on any external reference material or additional guides to secure top marks.
Yes. Together, these three books cover the complete CBSE Class 12 Accountancy syllabus, including Partnership Accounts, Company Accounts, and Financial Statement Analysis.
Many students prefer the complete set because it avoids missing any part of the syllabus and provides a consistent approach across Partnership Accounts, Company Accounts, and Financial Statement Analysis. Discussions among CBSE students frequently highlight that all three books are required to cover the full Class 12 Accountancy course.
No. One of the biggest advantages of this specific bundle is that Volume 1, Volume 2, and the AFS book each come with their own dedicated archive of "Past Examination Questions." These are already sorted into Part A (Accounting Theory) and Part B (Practical Problems), meaning you get built-in board scanners without spending extra money.
No separate purchase is necessary. The third book in the combo (Analysis of Financial Statements) includes a comprehensive "Part C: Project Work" section at the end. It provides all the necessary guidelines and templates to help you easily compile your mandatory practical files for the 20-mark board assessment.
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