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NCERT Solutions for Accountancy - Financial Accounting 1 [English] Class 11

CBSE Class 11 Accountancy Solutions Guide

Shaalaa.com provides the CBSE Class 11 Accountancy Solutions Digest. Shaalaa is undoubtedly a site that most of your classmates are using to perform well in exams.

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CBSE Class 11 Accountancy Textbook Solutions

Questions and answers for the Class 11 Accountancy Textbook are on this page. NCERT Solutions for Class 11 Accountancy Digest CBSE will help students understand the concepts better.


NCERT Solutions for Class 11 Accountancy Chapterwise List | Class 11 Accountancy Digest

The answers to the NCERT books are the best study material for students. Listed below are the chapter-wise NCERT Accountancy Class 11 Solutions CBSE.


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NCERT Solutions for Accountancy - Financial Accounting 1 [English] Class 11 - Shaalaa.com
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NCERT Class 11 solutions for other subjects

We also provide solutions for other subjects to help you top the exams. These NCERT solutions are curated with respect to the exam pattern and old papers. Find the best questions and solutions here. Click now to access it.

Chapters covered in NCERT Solutions for Accountancy - Financial Accounting 1 [English] Class 11

NCERT Solutions for Class 11 Accountancy (11th) 1: Introduction to Accounting

Concepts covered in Introduction to Accounting are Accounting as a Source of Information, Basic Terms in Accounting, Introduction to Accounting, Meaning of Accounting, Objectives of Accounting, Role of Accounting.

NCERT Class 11 Accountancy (11th) 1: Introduction to Accounting exercises

ExerciseNo. of questionsPages
Questions for practice1920 to 21
Questions for practice721

NCERT Solutions for Class 11 Accountancy (11th) 2: Theory Base of Accounting

Concepts covered in Theory Base of Accounting are Accounting Standards (AS), Basic Accounting Concepts, Basis of Accounting, Generally Accepted Accounting Principles, Goods and Services Tax (GST), Introduction of Theory Base of Accounting, Systems of Accounting.

NCERT Class 11 Accountancy (11th) 2: Theory Base of Accounting exercises

ExerciseNo. of questionsPages
Questions for practice1143
Questions for practice544

NCERT Solutions for Class 11 Accountancy (11th) 3: Recording of Transactions - I

Concepts covered in Recording of Transactions - I are Books of Original Entry, Business Transactions and Source Document, Ledger-Posting from Journal, Meaning of Accounting Equation, Recording of Transactions 1, The Ledger, Using Debit and Credit.

NCERT Class 11 Accountancy (11th) 3: Recording of Transactions - I exercises

ExerciseNo. of questionsPages
Questions for practice1087 to 88
Questions for practice788
Numerical Questions2288 to 97

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NCERT Solutions for Class 11 Accountancy (11th) 4: Recording of Transactions - II

Concepts covered in Recording of Transactions - II are Balancing the Accounts, Journal Proper, Meaning of Cash Book, Purchases Book, Purchases Returns Book, Recording of Transactions 2, Sales Book Or Sales Day Book, Sales Returns Book.

NCERT Class 11 Accountancy (11th) 4: Recording of Transactions - II exercises

ExerciseNo. of questionsPages
Questions for practice11152
Questions for practice6152 to 153
Numerical Questions18153 to 158

NCERT Solutions for Class 11 Accountancy (11th) 5: Bank Reconciliation Statement

Concepts covered in Bank Reconciliation Statement are Bank Reconciliation Statement, Need for Reconciliation, Preparation of Bank Reconciliation Statement.

NCERT Class 11 Accountancy (11th) 5: Bank Reconciliation Statement exercises

ExerciseNo. of questionsPages
Questions for practice6174
Questions for practice3174
Numerical Questions18174 to 179

NCERT Solutions for Class 11 Accountancy (11th) 6: Trial Balance and Rectification of Errors

Concepts covered in Trial Balance and Rectification of Errors are Meaning of Trial Balance, Objectives of Preparing Trial Balance, Preparation of Trial Balance, Rectification of Errors, Searching of Errors, Significance of Agreement of Trial Balance, Trial Balance and Rectification of Errors.

NCERT Class 11 Accountancy (11th) 6: Trial Balance and Rectification of Errors exercises

ExerciseNo. of questionsPages
Questions for practice8216
Questions for practice5217
Numerical Questions25217 to 222

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NCERT Solutions for Class 11 Accountancy (11th) 7: Depreciation, Provisions and Reserves

Concepts covered in Depreciation, Provisions and Reserves are Causes of Depreciation, Depreciation, Depreciation and Other Similar Terms, Depreciation, Provisions and Reserves, Disposal of Asset, Effect of Any Addition Or Extension to the Existing Asset, Factors Affecting the Amount of Depreciation, Methods of Calculating Depreciation Amount, Methods of Recording Depreciation, Need for Depreciation, Provisions, Reserves, Straight Line Method and Written Down Method: a Comparative Analysis, Types of Reserves-Secret Reserves.

NCERT Class 11 Accountancy (11th) 7: Depreciation, Provisions and Reserves exercises

ExerciseNo. of questionsPages
Questions for practice13270
Questions for practice6270 to 271
Numerical Questions22271 to 275

NCERT Solutions for Class 11 Accountancy (11th) 8: Bill of Exchange

Concepts covered in Bill of Exchange are Accounting Treatment for Share Capital, Advantages of Bill of Exchange, Bill of Exchange, Discounting of Bills of Exchange, Dishonour of a Bill, Important Terms of Bills of Exchange - Endorsement of Bill, Maturity of Bill, Meaning of Bill of Exchange, Promissory Note, Renewal of the Bill, Retiring of the Bill.

NCERT Class 11 Accountancy (11th) 8: Bill of Exchange exercises

ExerciseNo. of questionsPages
Questions for practice15310
Questions for practice7310
Numerical Questions23310 to 316

NCERT Solutions for Class 11 Accountancy (11th) 9: Financial Statements - I

Concepts covered in Financial Statements - I are Balance Sheet, Distinction Between Capital and Revenue Receipts, Financial Statements of a Company, Opening Entry, Operating Profit (EBIT), Stakeholders and Their Information Requirements, Trading and Profit and Loss Account.

NCERT Class 11 Accountancy (11th) 9: Financial Statements - I exercises

ExerciseNo. of questionsPages
Questions for practice6352
Questions for practice4352
Numerical Questions15352 to 359

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NCERT Solutions for Class 11 Accountancy (11th) 10: Financial Statements - II

Concepts covered in Financial Statements - II are Effects of Adjustments-Accrued Income, Effects of Adjustments-Bad and Doubtful Debts, Effects of Adjustments-Closing Stock, Effects of Adjustments-Depreciation, Effects of Adjustments-Income Received in Advance, Effects of Adjustments-Outstanding Expenses, Effects of Adjustments-Prepaid Expenses, Effects of Adjustments-Provision for Discount on Debtors and Creditors, Interest on Capital, Manager's Commission, Need for Adjustments, Provision for Bad and Doubtful Debts.

NCERT Class 11 Accountancy (11th) 10: Financial Statements - II exercises

ExerciseNo. of questionsPages
Questions for practice14410
Questions for practice3411
Numerical Questions15411 to 424

NCERT Solutions for Class 11 Accountancy (11th) 11: Accounts from Incomplete Records

Concepts covered in Accounts from Incomplete Records are Ascertainment of Profit or Loss by Statement of Affairs Method, Meaning of Incomplete Records, Preparation of Trading and Profit and Loss Account and Balance Sheet of Sole Proprietorship, Reasons of Incompleteness and Its Limitations.

NCERT Class 11 Accountancy (11th) 11: Accounts from Incomplete Records exercises

ExerciseNo. of questionsPages
Questions for practice4452
Questions for practice3452
Numerical Questions28452 to 461

NCERT Solutions for Class 11 Accountancy (11th) 12: Applications of Computers in Accounting

Concepts covered in Applications of Computers in Accounting are Capabilities of Computer System, Components of a Computer, Evolution of Computerised Accounting, Features of Computerised Accounting System, Limitations of a Computer System, Management Information System and Accounting Information System, Meaning and Elements of Computer System.

NCERT Class 11 Accountancy (11th) 12: Applications of Computers in Accounting exercises

ExerciseNo. of questionsPages
Questions for practice9478
Questions for practice7478

NCERT Solutions for Class 11 Accountancy (11th) 13: Computerised Accounting System

Concepts covered in Computerised Accounting System are Advantages of Computerised Accounting System, Concept of Computerised Accounting System, Differences Between Manual and Computerised Accounting System, Generic Considerations before Sourcing an Accounting Software, Limitations of Computerised Accounting System, Sourcing of Accounting Software.

NCERT Class 11 Accountancy (11th) 13: Computerised Accounting System exercises

ExerciseNo. of questionsPages
Questions for practice6491
Questions for practice5491

NCERT Solutions for Accountancy - Financial Accounting 1 [English] Class 11

Class 11 NCERT solutions answers all the questions given in the NCERT textbooks in a step-by-step process. Our Accountancy tutors have helped us put together this for our Class 11 Students. The solutions on Shaalaa will help you solve all the NCERT Class 11 Accountancy questions without any problems. Every chapter has been broken down systematically for the students, which gives fast learning and easy retention.

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NCERT Solutions for Class 11 Accountancy CBSE

Class 11 NCERT Solutions answer all the questions in the NCERT textbooks in a step-by-step process. Our Accountancy tutors helped us assemble this for our Class 11 students. The solutions on Shaalaa will help you solve all the NCERT Class 11 Accountancy questions without any problems. Every chapter has been broken down systematically for the students, which gives them fast learning and easy retention.

Shaalaa provides a free NCERT answer guide for Accountancy Class 11, CBSE. Shaalaa has carefully crafted NCERT solutions for the Class 11 Accountancy to help you understand the concepts and adequately answer questions in your board exams.

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NCERT Class 11 Accountancy Guide Book Back Answers

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Comprehensive NCERT Solutions for CBSE Accountancy Class 11 Guide

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Our CBSE NCERT solutions for Accountancy Class 11 cover everything from 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, Financial Statements - I, Financial Statements - II, Accounts from Incomplete Records, Applications of Computers in Accounting, Computerised Accounting System and the other topics.

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