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NCERT Solutions for Accountancy Financial Accounting 1 Class 11

NCERT Solutions for Accountancy Financial Accounting 1 Class 11 - Shaalaa.com
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Accountancy - Financial Accounting Class 11

Author: NCERT
Publisher: NCERT
Language: English

Shaalaa provides solutions for NCERT Class 11 and has all the answers for the questions given in Accountancy - Financial Accounting Class 11. Shaalaa is surely a site that most of your classmates are using to perform well in exams.

You can solve Accountancy - Financial Accounting Class 11 textbook questions and use Shaalaa NCERT Solutions for Class 11 Accountancy to verify your answers.

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Chapters covered in NCERT Solutions for Accountancy Financial Accounting 1 Class 11

NCERT Class 11 Accountancy Chapter 1: Introduction to Accounting solutions

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

NCERT Class 11 Accountancy Chapter 1: Introduction to Accounting exercises

ExerciseNo. of questionsPages
Questions for practice2620 to 21

NCERT Class 11 Accountancy Chapter 2: Theory Base of Accounting solutions

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), Systems of Accounting

NCERT Class 11 Accountancy Chapter 2: Theory Base of Accounting exercises

ExerciseNo. of questionsPages
Questions for practice1643 to 44

NCERT Class 11 Accountancy Chapter 3: Recording of Transactions - I solutions

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 Chapter 3: Recording of Transactions - I exercises

ExerciseNo. of questionsPages
Numerical Questions2288 to 97
Questions for practice1787 to 88

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NCERT Class 11 Accountancy Chapter 4: Recording of Transactions - II solutions

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 Chapter 4: Recording of Transactions - II exercises

ExerciseNo. of questionsPages
Numerical Questions18153 to 158
Questions for practice17152 to 153

NCERT Class 11 Accountancy Chapter 5: Bank Reconciliation Statement solutions

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

NCERT Class 11 Accountancy Chapter 5: Bank Reconciliation Statement exercises

ExerciseNo. of questionsPages
Numerical Questions18174 to 179
Questions for practice9174

NCERT Class 11 Accountancy Chapter 6: Trial Balance and Rectification of Errors solutions

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 Chapter 6: Trial Balance and Rectification of Errors exercises

ExerciseNo. of questionsPages
Numerical Questions25217 to 222
Questions for practice13216 to 217

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NCERT Class 11 Accountancy Chapter 7: Depreciation, Provisions and Reserves solutions

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 Chapter 7: Depreciation, Provisions and Reserves exercises

ExerciseNo. of questionsPages
Numerical Questions22271 to 275
Questions for practice19270 to 271

NCERT Class 11 Accountancy Chapter 8: Bill of Exchange solutions

Concepts covered in Bill of Exchange are Accounting Treatment, 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 Chapter 8: Bill of Exchange exercises

ExerciseNo. of questionsPages
Numerical Questions23310 to 316
Questions for practice22310

NCERT Class 11 Accountancy Chapter 9: Financial Statements - I solutions

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

NCERT Class 11 Accountancy Chapter 9: Financial Statements - I exercises

ExerciseNo. of questionsPages
Numerical Questions15352 to 359
Questions for practice10352

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NCERT Class 11 Accountancy Chapter 10: Financial Statements - II solutions

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 Chapter 10: Financial Statements - II exercises

ExerciseNo. of questionsPages
Numerical Questions15411 to 424
Questions for practice17410 to 411

NCERT Class 11 Accountancy Chapter 11: Accounts from Incomplete Records solutions

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 Chapter 11: Accounts from Incomplete Records exercises

ExerciseNo. of questionsPages
Numerical Questions28452 to 461
Questions for practice7452

NCERT Class 11 Accountancy Chapter 12: Applications of Computers in Accounting solutions

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 Chapter 13: Computerised Accounting System solutions

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 Chapter 13: Computerised Accounting System exercises

ExerciseNo. of questionsPages
Questions for practice11491

NCERT Solutions for Accountancy Financial Accounting 1 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.

Shaalaa provides free NCERT solutions for Accountancy Financial Accounting 1 Class 11. Shaalaa has carefully crafted NCERT solutions for Class 11 Accountancy that can help you understand the concepts and learn how to answer properly in your board exams. You can also share our link for free Class 11 Accountancy NCERT solutions with your classmates.

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NCERT Class 11 Accountancy Guide Book Back Answers

We hope that the following CBSE NCERT Class 11 Accountancy Book Answers Solutions Guide Pdf Free Download in English Medium would be of use to you. Answer material is developed as per the latest exam pattern and is part of NCERT Class 11 Books Solutions. You will not miss any topics or concepts discussed in the book and will get more conceptual knowledge from the study material. If you have any questions about the CBSE New Syllabus Class 11 Class 11 Accountancy Guide Pdf of Text Book Back Questions and Answers, Notes, Chapter Wise Important Questions, Model Questions, and so on, please contact us.

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All the NCERT Accountancy Financial Accounting 1 Class 11 solutions here cover all 13 chapters. As a result, you will be able to fully prepare for the exam adequately and without having to worry about missing anything. You rarely get such a benefit, and that on its own is what really makes the Accountancy Financial Accounting 1 Class 11 NCERT solutions provided here such an extraordinary advantage that you can always rely on. Just consider giving it a try for yourself and you will find it very comprehensive, professional and convenient at the same time.

Our NCERT solutions for Accountancy Financial Accounting 1 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. Yes, these are the best NCERT 12 Accountancy solution options on the market. You get to fully prepare for the exam in a reliable and comprehensive manner. You just have to check it out for yourself and the experience can be really impressive.

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