Common mistakes that students make and tips on attempting the Accountancy exams:
☆ Be well-versed with the basics of accounting such as — a) Rules of debit and credit i.e; both modern and traditional APPROACH. B) Journal entries, ledger posting and debit and credit balances.

☆As a part of your preparations, do the following: a) Latest CBSE sample papers (available on CBSE’s website) b) Previous years’ CBSE question papers for 2008 & 2009. c) Pre-board question papers of at least five other reputed schools. These papers must be DONE in examination conditions within a time limit of three hours. Students should get them evaluated and analyse their mistakes. Weak topics and concepts must be revised thoroughly.

☆Learn and draw FORMATS of various accounts and statements with proper headings. Use scale to improve your presentation.

☆Give narrations with journal entries, show your work notes clearly with appropriate statements, do your calculations in a separate rough column or on the last one or two pages of the answer-sheet.

☆Always do a numerical question from a fresh page, try to complete an account/ statement on a single page.

☆Always WEAR a watch to keep track of time so as to finish the paper well in time and do a quick revision before the exam ends.