Complete chapter-wise notes for Class 11 Accountancy (Financial Accounting)
Meaning, objectives, basic terms and qualitative characteristics of accounting.
Key Topics:
Accounting principles, concepts, conventions and accounting standards.
Key Topics:
Accounting equation, rules of debit and credit, journal and ledger.
Key Topics:
Special purpose books like cash book, purchases book and sales book.
Key Topics:
Meaning, need, and preparation of Bank Reconciliation Statement.
Key Topics:
Meaning, objectives, errors not affecting trial balance and their rectification.
Key Topics:
Concept of depreciation, methods, provisions and types of reserves.
Key Topics:
Trading Account, P&L Account, and Balance Sheet without adjustments.
Key Topics:
Preparation of financial statements with adjustments.
Key Topics: