Council for the Indian School Certificate Examinations, New Delhi has revised the syllabus of the subject ‘Accounts’ for Class XI for the Examination, 2020 and onwards. This edition of the book has been revised and updated strictly according to the new syllabus and its scope. Some of the unique features of the book are :
1. The text is presented in the simplest language ‘‘meant to understand easily to the beginner’’.
2. A number of illustrations have been given in each chapter and these have been presented in such a simple way that students can easily understand them.
3. Long answer questions (Practical), short answer questions (practical and theoretical) and higher order thinking questions (Practical)have been given at the end of each chapter under the head ‘Self Assessment Questions’.
We take this opportunity to thank all readers who spared their valuable time in making suggestions for improving the quality of the book. We firmly believe that the road to improvement is never ending. We shall look forward and gratefully acknowledge all suggestions received for further improvement of the book
This book Useful for Class XI Students.
1. Introduction to Accounting
2. Basic Accounting Terms
3. Accounting Equation
4. Double Entry System
5. Accounting Cycle : Journal
6. Accounting for Goods and Service Tax (GST)
7. Accounting Cycle : Ledger
8. Accounting Cycle : Trial Balance
9. Accounting Cycle : Final Accounts Without Adjustments
10. Sub-Division of Journal : Cash Book
11. Sub-Division of Journal : Special Purpose Subsidiary Books
12. Bank Reconciliation Statement
13. Depreciation
14. Bills of Exchange
15. Generally Accepted Accounting Principles (GAAP)
16. Basis of Accounting
17. Accounting Standards and IFRS
18. Capital and Revenue Expenditure/Income
19. Provisions and Reserves
20. Final Accounts with Adjustments
21. Rectification of Errors
22. Accounts from Incomplete Records
23. Accounts of Non-Trading Organization
24. Computer and Computerised Accounting System
25. Accounting Information System and Management Information System
26. Application of Computers in Accounting
27. Computerised Accounting Softwares
28. Sample of Accounting Project Work
Examination Paper - 2018
Examination Paper - 2019