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NCERT Solutions For Class 11 Accountancy – Class 11 CBSE Accountancy

NCERT Solutions For Class 11 Accountancy is well designed by the best teachers in our team. They give deep explanations for each chapter and the solutions are in an easy manner. This will be helpful to every student to get good grades in the CBSE board exams. Class 11 CBSE Accountancy chapter-wise links are provided below and you just click on the link to download whenever you want to download. Accountancy Class 11 is a useful subject who want to study higher education on the basis of accounts. Once you start preparing, then you will get knowledge and get command of the subject. CBSE Class 11 Accountancy helps to complete your home assignments and also for revision purposes. Here, NCERT Solutions gives the best solutions when compared to others and we have updated all the important concepts which are given in the textbook as well as previous year’s question papers. The students get confused while doing the solutions and also get fear. There is no need to worry because we have updated all the solutions in an easy way. This can helps to understand the subject easily and have the ability to tackle various types of questions regarding the chapter. NCERT Solutions Class 11 clears all doubts and we provide chapter-wise links for those who are searching for the particular chapter for download.

Class 11 CBSE Accountancy NCERT Solutions

Class 11 CBSE Accountancy helps the students to improve their preparation. If you practice many times then you have to write the exam more confidently. You can write all the questions correctly and quickly. Accountancy Class 11 plays a crucial role in the CBSE board exams. This is an important subject for students who are going to take Class 11 CBSE board exams. You must practice each chapter in the subject then you will get high grades in the examination. NCERT Solutions is the best option for the students who are willing to prepare seriously.

NCERT Solutions For Class 11 Accountancy All Chapters

  • Chapter 1 Introduction to Accounting
  • Chapter 2 Theory Base of Accounting
  • Chapter 3 Recording of Transactions – I
  • Chapter 4 Recording of Transactions – II
  • Chapter 5 Bank Reconciliation Statement
  • Chapter 6 Trial Balance and Rectification of Errors
  • Chapter 7 Depreciation, Provisions, and Reserves
  • Chapter 8 Bills of Exchange

NCERT Solutions For Class 11 Accountancy Chapter 1 Introduction to Accounting

In this chapter, you should know the meaning of Accounting and the objectives of accounting, and its characteristics. NCERT Solutions Class 11 Accountancy Chapter 1 involves the basics of accounting, the difference between debtors and creditors, and assets definition and different types of assets. This will be the basic chapter for class 11 accountancy.

NCERT Solutions For Class 11 Accountancy Chapter 2 Theory Base of Accounting

This chapter had many important chapters like basic accounting equation, the importance of financial accounting, matching concept, and money measurement concept. Class 11 Accountancy Chapter 2 talks about money measurement, dual aspects, recognition of revenue, accounting, and cost.

NCERT Solutions For Class 11 Accountancy Chapter 3 Recording of Transactions – I

In a firm or industry, we record day-to-day business transactions to know the profit and loss of a firm. In Accountancy Class 11 Chapter 3 we record all debits and credits in a journal, ledger and finally, we enter them into balance sheets. It shows assets, liabilities, and capital affecting the business firm.

NCERT Solutions For Class 11 Accountancy Chapter 4 Recording of Transactions – II

This chapter tells about cash books and different types of cash books, and the special purpose of books. CBSE Class 11 Accountancy Chapter 4 shows the purpose of contra entry, the meaning of the petty cash book, and the purpose of maintaining a subsidiary journal. These are the important topics that are covered in this chapter.

NCERT Solutions For Class 11 Accountancy Chapter 5 Bank Reconciliation Statement

Bank Reconciliation Statement is also known as BRS. In a business firm, it is necessary to record all the transactions in BRS. Class 11 Accountancy Chapter 5 also discusses bank overdraft(bank OD), the importance to prepare Bank Reconciliation Statement, and its process.

NCERT Solutions For Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors

First, you have to the meaning of Trail Balance and methods to prepare trial balance, and how to rectify errors. CBSE Class 11 Accountancy Chapter 6 talks about suspense accounts and explanations of errors of commission with their examples.

NCERT Solutions For Class 11 Accountancy Chapter 7 Depreciation, Provisions, and Reserves

In this chapter, We are going to discuss methods of depreciation, causes of depreciation, and the difference between reserves and provisions. NCERT Solutions Class 11 Accountancy Chapter 7 also discusses important topics like the difference between provision reserve and capital reserve with their examples, and also the difference between general reserve and specific reserve. We will also learn about different types of reserves.

NCERT Solutions For Class 11 Accountancy Chapter 8 Bills of Exchange

In this chapter, we are going to learn the definition of bills of exchange, essential features, and parties involved in bills of exchange. CBSE Class 11 Accountancy Chapter 8 talks about the important topics like the meaning of maturity of a bill of exchange, dishonor of a bill of exchange, and acceptance of a bill of exchange.