CBSE Class 11 Syllabus for Accountancy

Accountancy (Code No.055)
Course Structure
Class-XI (2023-24)
Theory: 80 Marks                                                        3 Hours
Project: 20 Marks

Units                                                                            Periods      Marks
Part A: Financial Accounting-1
Unit-1: Theoretical Framework                                         25               12
Unit-2: Accounting Process                                              115              44

Part B: Financial Accounting-II
Unit-3: Financial Statements of Sole Proprietorship        60               24

Part C: Project Work                                                       20               20

PART A: FINANCIAL ACCOUNTING - I

Unit-1: Theoretical Frame Work

PROJECT WORK

It is suggested to undertake this project after completing the unit on preparation of financial statements. The student(s) will be allowed to select any business of their choice or develop the transaction of imaginary business. The project is to run through the chapters and make the project an interesting process. The amounts should emerge as more realistic and closer to reality.

Specific Guidelines for Teachers

Give a list of options to the students to select a business form. You can add to the given list:
1. A beauty parlour          10. Men's wear                     19. A coffee shop
2. Men's saloon               11. Ladies wear                    20. A music shop
3. A tailoring shop            12. Kiddies wear                   21. A juice shop
4. A canteen                    13. A Saree shop                   22. A school canteen
5. A cake shop                 14. Artificial jewellery shop   23. An ice cream parlour
6. A confectionery shop   15. A small restaurant           24. A sandwich shop
7. A chocolate shop         16. A sweet shop                   25. A flower shop
8. A dry cleaner               17. A grocery shop
9. A stationery shop        18. A shoe shop

After selection, advise the student(s) to visit a shop in the locality (this will help them to settle on a realistic amounts different items. The student(s) would be able to see the things as they need to invest in furniture, decor, lights, machines, computers etc.

A suggested list of different item is given below.
1. Rent                                                                     19. Wages and Salary
2. Advance rent [approximately three months]        20. Newspaper and magazines
3. Electricity deposit                                                21. Petty expenses
4. Electricity bill                                                       22. Tea expenses
5. Electricity fitting                                                   23. Packaging expenses
6. Water bill                                                            24. Transport
7. Water connection security deposit                     25. Delivery cycle or a vehicle purchased
8. Water fittings                                                      26. Registration
9. Telephone bill                                                     27. Insurance
10. Telephone security deposit                               28. Auditors fee
11. Telephone instrument                                       29. Repairs & Maintenance
12. Furniture                                                          30. Depreciations
13. Computers                                                       31. Air conditioners
14. Internet connection                                          32. Fans and lights
15. Stationery                                                         33. Interior decorations
16. Advertisements                                                34. Refrigerators
17. Glow sign                                                         35. Purchase and sales
18. Rates and Taxes

At this stage, performas of bulk of originality and ledger may be provided to the students and they may be asked to complete the same.
In the next step the students are expected to prepare the trial balance and the financial statements.