CBSE Class 11 Accountancy Full Study Material
CBSE Class 11 Accountancy Study Material. Learning the important concepts is very important for every student to get better marks in examinations. The concepts should be clear which will help in faster learning. The attached concepts made as per NCERT and CBSE pattern will…
CBSE Class 11 Accountancy Topics For Projects
LIST OF SUGGESTED TOPICS FOR PROJECT WORK AS PER CBSE SYLLABUS 1. Collection of Source Documents, Preparation of Vouchers, Recording of Transactions with the help of vouchers. 2. Preparation of Bank Reconciliation Statement with the help of given Cash Book and Pass Book. 3.…
CBSE Class 11 Accountancy Theory Base Of Accounting Notes
UNIT- 02 THEORY BASE OF ACCOUNTING Introduction To maintain uniformity in recording transactions and preparing financial statements, accountants should follow Generally Accepted Accounting Principles. Meaning of Accounting Principles: Accounting principles are the rules of…
CBSE Class 11 Accountancy Rectification Of Error Notes
Introduction Correcting the errors of accounting by passing journal entry is known as rectification of error. Error affecting or disclosed by trial balance 1. Errors of additions and subtractions :- wrong totaling and balancing of ledger, totaling of trial wrong totaling of…
CBSE Class 11 Accountancy Recording Of Transaction Notes
Accounting Equation : Total Assets = Total Liabilities Total Assets = Internal Liabilities + External Liabilities Total Assets = Capital + Liabilities Classification of Transactions Following are the nine basic transactions: 1. Increase in assets with corresponding…
CBSE Class 11 Accountancy Preparation Of Ledger TB And BRS Notes
CBSE Class XI Accountancy - Preparation Of Ledger, TB & BRS Learning the important concepts is very important for every student to get better marks in examinations. The concepts should be clear which will help in faster learning. The attached concepts made as per NCERT and…
CBSE Class 11 Accountancy Introduction To Accounting Notes
“There's no business like show business, but there are several businesses like accounting. ” Introduction: Accounting has greater discipline than book keeping. It includes conceptual knowledge of the subject and applications also. BOOK KEEPING:- It involves…
CBSE Class 11 Accountancy Financial Statements Notes
CBSE Class XI Accountancy - Financial Statements. Learning the important concepts is very important for every student to get better marks in examinations. The concepts should be clear which will help in faster learning. The attached concepts made as per NCERT and CBSE pattern…
CBSE Class 11 Accountancy Depreciation Provisions And Reserves Notes
“Depreciation is gradual and permanent decrease in the value of an asset from any cause.” – Carter Introduction: Every fixed asset loses its value due to use or other reasons. This decline in the value of asset is known as depreciation . Meaning of Depreciation:…
CBSE Class 11 Accountancy Computers And Accounting Information System Notes Set A
Unit:11 Computers & Accounting Information System According to International Standards Organization – “ A Computer is a data processor that can perform substantial computations, including numerous arithmetic & logical operations, with intervention by a human operator…
CBSE Class 11 Accountancy Accounts For Incomplete Records Notes Set A
UNIT:10 ACCOUNTS FOR INCOMPLETE RECORDS Introduction: Accounting records which are not prepared in accordance with double entry system method are described as accounts for incomplete records. SALIENT FEATURES 1. Apply of personal accounts only ( ignores nominal and real…
CBSE Class 12 Accountancy Accounting For Not For Profit Organisations Notes Set A
UNIT-09 ACCOUNTING FOR NOT FOR PROFIT ORGANISATIONS 1. Meaning of NPO :- Non profit organizations are those organizations which are established for a Social/Charitable/Cultural purpose & not for earning profit. They render services for the promotion of Art, Culture,…
CBSE Class 11 Accountancy Accounting For Bills Of Exchange Notes Set A
“Bills of Exchange are instrument of credit which facilitate the credit sale of goods.” INTRODUCTION A Bill of Exchange and Promissory Note both are legal Instruments which facilitate the credit sale of goods by assuring the seller that the amount will be recovered after a…
CBSE Class 11 Accountancy Accounting For Bills Of Exchange Notes Set B
“Bills of Exchange are instrument of credit which facilitate the credit sale of goods.” INTRODUCTION; A Bill of Exchange and Promissory Note both are legal Instruments which facilitate the credit sale of goods by assuring the seller that the amount will be recovered after a…