Financial Accountancy Part 1: NCERT Books Class 11 PDF Download

NCERT Books For Class 11 Financial Accountancy Part 1 PDF Download

Download Financial Accountancy Part 1 Class 11 NCERT Books in PDF. CBSE has prescribed Part 1 & 2 of Accountancy NCERT books for Class 11. All schools affiliated to Central Board of Secondary Education follow the same Class 11 Financial Accountancy Part 1 NCERT book. Getting high score in XI Accountancy Exams is possible when student reads, understand and learn all concepts from NCERT book for Class 11 Accountancy. Also practice important topics and chapters from the NCERT exemplar based on new CBSE syllabus.

Financial Accounting 1 – NCERT Books For Class 11 Accountancy PDF Download

Index / Contents

Chapter 1 Introduction to Accounting

1.1 Meaning of Accounting
1.2 Accounting as a Source of Information
1.3 Objectives of Accounting
1.4 Role of Accounting
1.5 Basic Terms in Accounting

Chapter 2 Theory Base of Accounting

2.1 Generally Accepted Accounting Principles (GAAP)
2.2 Basic Accounting Concepts
2.3 Systems of Accounting
2.4 Basis of Accounting
2.5 Accounting Standards

Chapter 3 Recording of Transactions – I

3.1 Business Transactions and Source Document
3.2 Accounting Equation
3.3 Using Debit and Credit
3.4 Books of Original Entry
3.5 The Ledger
3.6 Posting from Journal

Chapter 4 Recording of Transactions – II

4.1 Cash Book
4.2 Purchases (Journal) Book
4.3 Purchases Return (Journal) Book
4.4 Sales (Journal) Book
4.5 Sales Return (Journal) Book
4.6 Journal Proper
4.7 Balancing the Accounts

Chapter 5 Bank Reconciliation Statement

5.1 Need for Reconciliation
5.2 Preparation of Bank Reconciliation Statement

Chapter 6 Trial Balance and Rectification of Errors

6.1 Meaning of Trial Balance
6.2 Objectives of Preparing the Trial Balance
6.3 Preparation of Trial Balance
6.4 Significance of Agreement of Trial Balance
6.5 Searching of Errors
6.6 Rectification of Errors

Chapter 7 Depreciation, Provisions and Reserves

7.1 Depreciation
7.2 Depreciation and other Similar Terms
7.3 Causes of Depreciation
7.4 Need for Depreciation
7.5 Factors Affecting the Amount of Depreciation
7.6 Methods of calculating Depreciation Amount
7.7 Straight Line Method and Written Down Method A Comparative Analysis
7.8 Methods of Recording Depreciation
7.9 Disposal of Asset
7.10 Effect of any Addition or Extension to the Existing Asset
7.11 Provisions
7.12 Reserves
7.13 Secret Reserve

Chapter 8 Bill of Exchange

8.1 Meaning of Bill of Exchange
8.2 Promissory Note
8.3 Advantages of Bill of Exchange
8.4 Maturity of Bill
8.5 Discounting of Bill
8.6 Endorsement of Bill
8.7 Accounting Treatment
8.8 Dishonour of a Bill
8.9 Renewal of the Bill
8.10 Retiring of the Bill
8.11 Bills Receivable and Bills Payable Books
8.12 Accommodation of Bills

Financial Accounting 2  – NCERT Books For Class 11 Accountancy PDF Download

Index / Contents

Chapter 9 Financial Statements – 1

9.1 Stakeholders and Their Information Requirements
9.2 Distinction between Capital and Revenue
9.3 Financial Statements
9.4 Trading and Profit and Loss Account
9.5 Operating Profit (EBIT)
9.6 Balance Sheet
9.7 Opening Entry

Chapter 10 Financial Statements 

10.1 Need for Adjustments
10.2 Closing Stock
10.3 Outstanding Expenses
10.4 Prepaid Expenses
10.5 Accrued Income
10.6 Income Received in Advance
10.7 Depreciation
10.8 Bad Debts
10.9 Provision for Bad and Doubtful Debts
10.10 Provision for Discount on Debtors
10.11 Manager’s Commission
10.12 Interest on Capital
10.13 Methods of Presenting the Financial Statements

Chapter 11 Accounts from Incomplete Records

11.1 Meaning of Incomplete Records
11.2 Reasons of Incompleteness and its Limitations
11.3 Ascertainment of Profit and Loss
11.4 Preparing Trading and Profit and Loss Account and the Balance Sheet

Chapter 12 Applications of Computers in Accounting

12.1 Meaning and Elements of Computer System
12.2 Capabilities of Computer System
12.3 Limitations of a Computer System
12.4 Components of Computer
12.5 Evolution of Computerised Accounting
12.6 Features of Computerised Accounting System
12.7 Management Information System and Accounting Information System

Chapter 13 Computerised Accounting System

13.1 Concept of Computerised Accounting System
13.2 Comparison between Manual and Computerised Accounting
13.3 Advantages of Computerised Accounting System
13.4 Limitations of Computerised Accounting System
13.5 Sourcing of Accounting Software
13.6 Generic Considerations before Sourcing an Accounting Software

Chapter 14 Structuring Database for Accounting

14.1 Data Processing Cycle
14.2 Designing Database for Accounting
14.3 Entity Relationship (ER) Model
14.4 Database Technology
14.5 An Illustration of Accounting Database
14.6 Relational Data Model
14.7 Relational Databases and Schemas
14.8 Constraints and Database Schemas
14.9 Operations and Constraint Violations
14.10 Designing Relational Database Schema
14.11 llustrating the Database Structure for Example Realities
14.12 Interacting with Databases

Chapter 15 Accounting System Using Database Management System

15.1 MS Access and its Components
15.2 Creating Tables and Relationships for Accounting Database
15.3 Vouchers Using Forms
15.4 Information Using Queries
15.5 Generating Accounting Reports

Class 11 Accountancy: NCERT Book, Solutions, Syllabus, Sample Question Papers PDF Download

Accountancy Class 11 NCERT books adaption has now been done by many State Boards. PDF download XI NCERT book of Accountancy for UP Board (UPMSP), Madhya Pradesh (MPBSE), CBSE Board, Gujarat Board (GSEB) from above given links. Class 11 NCERT solutions of prescribed books for Class 10 (High School / HSLC / SSLC), Class 12 (Intermediate / HSSLC / HSE) are available to download in PDF and for free reference.