CBSE Class 11 Notes
Accountancy Class 11
The syllabus of CBSE Class 11 Accountancy Notes comprises of the following chapters. We have prepared various notes along with detailed questions and their solution, relevant for the student of Accountancy Class 11 Notes, who may be studying in CBSE Board. Each of these notes have been given under the particular chapter, which you can click and read : –
Chapter 1 – Introduction to Accounting
- Meaning of Accounting
- Accounting as a Source of Information
- Objectives of Accounting
- Basic Terms in Accounting
Chapter 2 – Theory Base of Accounting Accountancy Class 11 Notes
- Generally Accepted Accounting Principles (GAAP)
- Basic Accounting Concepts
- Systems of Accounting – Singe Entry System
- Basis of Accounting
- Accounting Standards
Chapter 3 – Recording of Transactions
- Business Transactions and Source Document
- Accounting Equation
- Using Debit and Credit
- Books of Original Entry – Click for Journal in Accounts
- The Ledger
- Posting from Journal
Chapter 4 – Recording of Transactions Accountancy Class 11 Notes
- Cash Book
- Purchases (Journal) Book
- Purchases Return (Journal) Book
- Sales (Journal) Book
- Sales Return (Journal) Book
- Journal Proper
- Balancing the Accounts
Chapter 5 -Bank Reconciliation Statement
- Need for Reconciliation
- Preparation of Bank Reconciliation Statement
- Practice Questions and Solutions Bank Reconciliation Statement
Chapter 6 -Trial Balance and Rectification of Errors
- Meaning of Trial Balance
- Objectives of Preparing the Trial Balance
- Preparation of Trial Balance – Trial Balance Questions
- Significance of Agreement of Trial Balance
- Searching of Errors
- Rectification of Errors
Chapter 7 – Depreciation, Provisions and Reserves Accountancy Class 11 Notes
- Depreciation and other Similar Terms
- Causes of Depreciation
- Need for Depreciation
- Factors Affecting the Amount of Depreciation
- Methods of Calculating Depreciation Amount
- Comparative Analysis
- Methods of Recording Depreciation
- Disposal of Asset
- Effect of any Addition or Extension to the Existing Asset
- Provisions
- Reserves
Chapter 8 – Bill of Exchange Accountancy Class 11 Notes
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