I am studying to become a CA but have some doubts regarding the upcoming Accountancy Paper 1 exam. Do boards emphasize more on theoretical aspects or numerical problems? I feel confused on how much time to devote on each during my preparation.
Theoretical concepts will fetch you more marks in the long run. Focus more on that along with practicing sample papers. Don’t neglect numericals but give slightly more emphasis to theory.
Boards like numerical based questions. Make sure you are thorough with basic journal entries, invoices, accounting equations, ratio analysis etc. Practice as many numerical problems as possible. All the best!
Bro dont worry too much. Just focus on doing as many sample papers as you can from different books. That will cover both theory and numerical questions. All the best!
Accountancy is all about practice. Do lots of problems and understand the concepts behind them. Focus on the basics and numerical weightage in the paper. Don’t stress yourself, you will do great!