Preparation for the CUET UG 2026 Commerce section calls for a good plan, efficient revision, and understanding of fundamentals. As the level of competition increases, you need to focus on important topics and work consistently. It is essential that you follow an effective study plan which will involve learning via NCERT books along with taking mock tests. It is equally necessary to know the exam pattern and manage your time well. This study material has been compiled to aid you in revising well before your exam. ACCOUNTANCY – Important Notes
Key Topics:
1. Accounting Basics
· Accounting Equation → Assets = Liabilities + Capital
· Types of Accounts:
- Personal
- Real
- Nominal
2. Journal Entries Rules
· Golden Rules:
- Personal → Debit receiver, Credit giver
- Real → Debit what comes in, Credit what goes out
- Nominal → Debit expenses, Credit incomes
3. Depreciation
· Methods:
- Straight Line Method (SLM)
- Written Down Value (WDV)
· Important: Change in method = Accounting estimate (prospective)
4. Financial Statements
· Balance Sheet = Assets = Liabilities
· Trading A/c → Gross Profit
· P&L → Net Profit
5. Cash Flow Statement
· 3 Activities:
- Operating
- Investing
- Financing
BUSINESS STUDIES – Important Notes
Key Topics:
1. Principles of Management
· Henri Fayol – 14 principles (Unity of command, Equity, etc.)
· F.W. Taylor – Scientific management
2. Functions of Management
Planning → Organizing → Staffing → Directing → Controlling
3. Business Environment
Types:
- Economic
- Social
- Political
- Technological
4. Marketing Management
4Ps:
- Product
- Price
- Place
- Promotion
5. Financial Management
· Objectives: Wealth maximization
· Sources:
- Equity
- Debt
ECONOMICS – Important Notes
Micro Economics:
· Demand Law → Price ↑, Demand ↓
· Elasticity of Demand
· Consumer Equilibrium (Utility concept)
Macro Economics:
· National Income:
- GDP, GNP, NNP
· Methods:
- Income
- Expenditure
- Output
Indian Economy:
· Sectors:
- Primary
- Secondary
- Tertiary
· Economic Reforms 1991
Important Concepts:
· Inflation:
- Demand-pull
- Cost-push
· Fiscal Policy & Monetary Policy
GENERAL TEST (For Commerce Students)
Topics:
1. Quantitative Aptitude
· Percentages
· Profit & Loss
· Ratio & Proportion
2. Logical Reasoning
· Series
· Coding-Decoding
· Seating Arrangement
3. Current Affairs
· Last 6–8 months
· Focus on:
- Economy
- Business news
- Government schemes
LAST-MINUTE STRATEGY
· Revise NCERT line-by-line
· Practice 100+ MCQs daily
· Attempt full mocks
· Focus on weak topics only in last 7 days
