NCERT Class 11 accountancy book are available both online and offline. Although students prefer to use either DK Goel or TS Grewal as per their teacher’s recommendation but we want to say the NCERT books are the best study material for class11th accountancy and can help student to score over 90% marks in exams.
NCERT revises the Commerce books as soon as the Boards define latest syllabus. The NCERT Book for Class 11 Accountancy is in any event best for their well-designed presentation. Using NCERT Class 11 Accountancy Books is not only suitable for the board exams, but it can also be useful for the students appearing for the various competitive examinations. After 11th, students prefer to prepare for courses such as Olympiads, Engineering Entrance Exams, etc.
Accountancy Class 11 syllabus has Theory Exam and Practical/ Project Work.
Although if students are willing to solve more questions than provided in 11 NCERT accountancy book, then they can visit TS Grewal download pdf and TS Grewal class 11 solutions.
NCERT Class 11 Accountancy Books PDF Download
Students of Class 11th look for accountancy are primarily available at school store or other bookstores. But since online classes are a new trend of learning students, look for PDf file for Chapters of the books. For this they can download and save it on their laptop tablets or mobiles. This gives students the flexibility to study anywhere without carrying heavy, hefty books. Therefore, Vidyasetu is providing the PDf files of NCERT books for the convenience of the students.
Download PDF of CBSE Books for Class 11 Accountancy
Hence, Students can download all the (NCERT) CBSE books for class 11 accountancy from this page. To score good marks in the Accountancy exam, students must start their preparation from the NCERT accounts book and for further assistance to understand each topic clearly, You can join VidyaSetu Class 11 Accountancy Free Video lectures. Given below, we have provided the free download link of CBSE Class 11 books for accountancy. You can also find class 11 accountancy notes for chapter 1 and other chapters at Vidyasetu learning.
Download PDF of CBSE Books for Class 11 Accountancy Chapterwise
Part A: Financial Accounting 1
UNIT-1: THEORETICAL FRAMEWORK
Initially, students can download Introduction to Accounting Accounting- concept, objectives, advantages and limitations, types of accounting information; users of accounting information and their needs from the pdf files available here. Also, they can also have qualitative characteristics of Accounting Information. Role of Accounting in Business from here.
Besides, basic Accounting Terms- Business Transaction, Capital, Drawings. Liabilities (Non Current and Current). Assets (Non Current, Current); Fixed assets (Tangible and Intangible), Expenditure (Capital and Revenue), Expense, Income, Profit, Gain, Loss, Purchase Sales, Goods, Stock, Debtor, Creditor, Voucher, Discount (Trade discount and Cash Discount)Purchase are also important chapters to download pdf from accounts book.
THEORY BASE OF ACCOUNTING
Consequently, topics like Fundamental accounting assumptions: GAAP: Concept Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Dual Aspect, Revenue Recognition, Matching, Full Disclosure, Consistency, Conservatism, Materiality and Objectivity.System of Accounting: Basis of Accounting: cash basis and accrual basis.Accounting Standards: Applicability in IndAS Goods and Services Tax (GST): Characteristics and aim.
UNIT-2: ACCOUNTING PROCESS
For, second unit students can download pdf of following chapters from here. Recording of Business Transactions Voucher and Transactions: Source documents and Vouchers, Preparation of Vouchers, Accounting Equation Approach: Meaning and Analysis, Rules of Debit and Credit.
In additions, Recording of Transactions: Books of Original Books of Original Entry- Journal Special Purpose books: Cash Book: Simple, cash book with bank column and petty cash book Purchases book Sales book Purchases return book Sales return book are also available here.
- Note: Including trade discount, freight and cartage expenses for simple GST calculation.
Ledger: Format, Posting from journal and subsidiary books, Balancing of accounts.
Depreciation Provisions and Reserves Depreciation: Concept, Features, Causes, factors Other similar terms: Depletion and Amortisation
Methods of Depreciation: i. Straight Line Method (SLM) ii. Written Down Value Method (WDV)ge of method
NOTE: EXCLUDING CHANGE OF METHOD
DIFFERENCE BETWEEN SLM AND WDV;
Advantages of SLM and WDV Accounting treatment of depreciation i. Charging to asset account ii. Creating provision for depreciation/accumulated depreciation account iii. Treatment for disposal of asset Provisions and Reserves: Difference Types of Reserves: i. Revenue reserve ii. Capital reserve iii. General reserve iv. Specific reserve v. Secret Reserve Difference between capital and revenue reserve Accounting for Bills of Exchange
Bill of exchange and Promissory Note: Definition, Specimen, Features, Parties.
Difference between Bill of Exchange and Promissory Note Terms in Bill of Exchange: i. Term of Bill ii. Accommodation bill (concept) iii. Days of Grace iv. Date of maturity v. Discounting of bill vi. Endorsement of bill vii. Bill after due date viii. Negotiation ix. Bill sent for collection x. Dishonour of bill xi. Retirement of bill xii. Renewal of bill Accounting Treatment
- Note: excluding accounting treatment for accommodation bill Trial balance and Rectification of Errors
- Trial balance: objectives and preparation (Scope: Trial balance with balance method only)
Errors: types-errors of omission, commission, principles, and compensating; their effect on Trial Balance. Detection and rectification of errors; preparation of suspense account.
- Chapter 1 of book 1 Financial Accounting pdf
- Download Chapter 2 of book 1 Financial Accounting pdf
- Chapter 3 of book 1 Financial Accounting pdf
- Download Chapter 4 of book 1 Financial Accounting pdf
- Chapter 5 of book 1 Financial Accounting pdf
- Download Chapter 6 of book 1 Financial Accounting pdf
- Chapter 7 of book 1 Financial Accounting pdf
- Download Chapter 8 of book 1 Financial Accounting pdf
Part B: Financial Accounting II
UNIT 3: FINANCIAL STATEMENTS OF SOLE PROPRIETORSHIP
From this unit students can have pdf of chapters like Financial Statements Meaning, objectives and importance; Revenue and Capital Receipts; Revenue and Capital Expenditure; Deferred Revenue expenditure. Also Trading and Profit and Loss Account: Gross Profit, Operating profit and Net profit are an important topic of this chapter preparation.
Moreover, balance Sheet: need, grouping and marshalling of assets and liabilities. Preparation and Adjustments in preparation of financial statements regarding closing stock, outstanding expenses, prepaid expenses, is another set of topics covered in the chapters.
Further, book covers Accrued income, income received in advance, depreciation, and bad debts, provision for doubtful debts, provision for discount on debtors, Abnormal loss, Goods taken for personal use/staff welfare, interest on capital and managers commission. Preparation of Trading and Profit and Loss account and Balance Sheet of a sole proprietorship with adjustments also covers this section.
- Download Chapter 9 of book 2 Financial Statements pdf
- Chapter 10 of book 2 Financial Statements pdf
- Download Chapter 11 of book 2 Financial Statements pdf
- Chapter 12 of book 2 Financial Statements pdf
- Download Chapter 13 of book 2 Financial Statements pdf
Unit 4: Computers in Accounting
Lastly, Introduction to computer and accounting information system {AIS}: Introduction to computers (elements, capabilities, limitations of computer system) is also main chapter in the book.
CBSE Class 11 Accountancy Syllabus-
Accountancy as a mandatory subject of class 11th Commerce. It is also one of the most important subjects and CBSE has released the Revised Syllabus of Class 11 Accountancy 2020-21 and deleted topics. Regardless, change in syllabus accountancy marks between theory exams of 80 marks and practical exams of 20 marks.
| Download CBSE Class 11 Accountancy Syllabus 2020-21 pdf |
| Deleted syllabus of class 11 Accountancy 2020-21 |
CBSE Class 11 Students can also join the best education online portal, VidyaSetu Learnings for FREE CBSE Class 11 Accountancy Online Classes and also get many more benefits of registration such as revised and updated Class 11 Commerce Syllabus, Free Online Mock Test Series, Recorded HD-Video Lectures, Doubt Solving Classes, Free Sample Papers, and many more. Students can simply Join VidyaSetu Learnings, just by Clicking Here!
NCERT Solutions and Notes for Class 12 Accountancy Books 2021-2022
NCERT notes and solutions are very important for students to consider while preparing for the main examinations. Students can refer to VidyaSetu, the best online portal for the easy CBSE Class 11 Accountancy Notes and Solutions that only subject experts prepare while investing hours and hours of research.
From time to time, NCERT update and revises solutions for Accountancy Class 11th and class 12th and 2021-2022 is no different . CBSE Board has reduced the 30% syllabus because of the delayed session. We require students to study the notes with complete attention, so as to score very good marks in the 12th Board.
Conclusion
The syllabus of NCERT all in all focuses on the NCERT book itself to make it student-friendly as well as good to go for the aspirants of the competitive exams. However, book, which is based on the syllabus of the different boards, covers detailed accountancy.
Certainly, The NCERT Books for the Class 11 Accountancy are perfectly compatible with the central boards and every Indian education state
On the whole, for better understanding of the subject, students can immediately join the free Accountancy online classes and video lectures.
Lastly, we hope that Students of Class 11 will be able to prepare well with the NCERT Class 11 Accountancy Books. With excellent scores, indeed you will be able to crack the Competitive exams and the Class 11 main exams. For any further query, students can comment below in the comment section or directly mail us [email protected].
FAQs for NCERT Class 11 Accountancy Books
Q1. How many books are there for class 11th accounts and at what price ?
Ans. Presently for the CBSE Class 11 Accountancy (NCERT class 12th accountancy book) there are two books by NCERT.
Q2. Are the accounts of class 11th difficult?
Ans. The Accountancy paper is a bit lengthy but, with focus way students can complete the question paper on time.
Q3. What are the easy tips to pass the Class 11th Accountancy Exam?
Ans. The following tips will prove useful to attempt the Class 11th Accountancy Exam:-
- In the first place, read the question paper in the first 15 minutes.
- One must read the question paper again before writing for the exam.
- Also, of the particular sections, one must attempt the questions serially.
- Moreover, one should highlight the answer number.
Q4. At the present time, Ncert book enough for the board class 11th?
Ans. For the purpose of NEET and JEE exams also the NCERT books are important. However, Vidyasetu covers a wide range of important topics in the NCERT books of Class 11th solution .
Q5. How can one attain 100 marks in the subject of accountancy?
Ans. Certainly, students can score 100 marks in Accountancy by having good command in arithmetic skills and calculations But, One must answer to the point in questions. Also, practice the calculations without using the calculator.
