CBSE syllabus always maintains a standard, If a student has trouble understanding a topic related to Accounts, the student can go through questions and answers related to each topic covered in Class 11 Financial Accounts.
Some of the topics Covered include :
TOPICS
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- Introduction to Accounting
- Theory Base of Accounting
- Recording of Transactions-I
- Recording of Transactions-II
- Bank Reconciliation Statement
- Trial Balance and Rectification of Errors
- Depreciation, Provisions and Reserves
- Bill of Exchange
1.A. Meaning of Accounting
1.B. Accounting as a Source of Information
1.C. Objectives of Accounting
1.D. Role of Accounting
1.E. Basic Terms in Accounting
2.A. Generally Accepted Accounting Principles (GAAP)
2.B. Basic Accounting Concepts
2.C. Systems of Accounting
2.D. Basis of Accounting
2.E. Accounting Standards
3.A. Business Transactions and Source Document
3.B. Accounting Equation
3.C. Using Debit and Credit
3.D. Books of Original Entry
3.E. The Ledger
3.F. Posting from Journal
4.A. Cash Book
4.B. Purchases (Journal) Book
4.C. Purchases Return (Journal) Book
4.D. Sales (Journal) Book
4.E. Sales Return (Journal) Book
4.F. Journal Proper
4.G. Balancing the Accounts
5.A. Need for Reconciliation
5.B. Preparation of Bank Reconciliation Statement
6.A. Meaning of Trial Balance
6.B. Objectives of Preparing the Trial Balance
6.C. Preparation of Trial Balance
6.D. Significance of Agreement of Trial Balance
6.E. Searching of Errors
6.F. Rectification of Errors
7.A. Depreciation
7.B. Depreciation and other Similar Terms
7.C. Causes of Depreciation
7.D. Need for Depreciation
7.E. Factors Affecting the Amount of Depreciation
7.F. Methods of Calculating Depreciation Amount
7.G. Straight Line Method and Written Down Method : A Comparative Analysis
7.H. Methods of Recording Depreciation
7.I. Disposal of Asset
7.J. Effect of any Addition or Extension to the E11sting Asset
7.K. Provisions
7.L. Reserves
7.M. Secret Reserve
8.A. Meaning of Bill of Exchange
8.B. Promissory Note
8.C. Advantages of Bill of Exchange
8.D. Maturity of Bill
8.E. Discounting of Bill
8.F. Endorsement of Bill
8.G. Accounting Treatment
8.H. Dishonour of a Bill
8.I. Renewal of the Bill
8.J. Retiring of the Bill
