This book is written in such a manner that the students can develop their concepts on accounting framework in a very well-structured manner and without taking heavy load on their brain. This book intends to describe the meaning, significance, objective, advantages, and limitations of accounting in the modern economic environment with varied types of business and non-business economic entities. The introductory edition of the book Accountancy Class XI has been developed as per the latest CBSE syllabus and the contents are strictly in accordance with the CBSE guidelines with current year revisions including GST. Key features: 1. The text is aimed at providing a comprehensive introduction to the chapters emphasizing on "why" And "how to" Aspects of the topics. 2. For those who dread Maths, simple calculations have been explained at length in the easiest possible manner. 3. All the chapters have "test your understanding" After introduction to an important topic to encourage critical thinking and Application of ideas. 4. The contents are strictly in accordance with the CBSE guidelines with current year revisions including topic on GST. 5. Excellent presentation in a clear, logical and concise manner.

1.Introduction to Accounting, 2 .Basic Accounting Terms or Terminology, 3.Theory Base of Accounting : Accounting Principles Fundamental Assumptions or Concepts, 4. Accounting Standards and IFRS, 5 .Double Entry System, 6 .Process and Bases of Accounting, 7 .Origin of Transactions : Source Documents and Vouchers, 8. Accounting Equation, 9. Rules of Debit and Credit, 10. Recording of Business Transactions : Books of Original Entry—Journal, 11. Ledger, 12. Special Purpose (Subsidiary) Books (I) : Cash Book, 13. Special Purpose (Subsidiary) Books (II), 14. Bank Reconciliation Statement, 15. Trial Balance and Errors, 16. Depreciation, 17.Provisions and Reserves, 18. Accounting for Bills of Exchange, 19. Rectification of Errors, 20. Capital and Revenue Expenditures and Receipts, 21. Financial Statements/Final Accounts (Without Adjustment), 22. Final Accounts (With Adjustment), 23 .Accounts from Incomplete Records or Single Entry System, UNIT : Computer in Accounting 1.Introduction to Computer and Accounting Information System (AIS), 2 .Applications of Computer in Accounting, 3 .Accounting and Database System Project Work Appendix : Dictionary of Accounting Latest Model Paper (BSEB) Examination Paper (JAC) with OMR Sheet.

1. Introduction to Accounting, 2. Basic Accounting Terms or Terminology, 3. Theory Base of Accounting : Accounting Principles Fundamental Assumptions or Concepts, 4. Accounting Standards and IFRS, 5. Double Entry System, 6. Process and Bases of Accounting 7. Origin of Transactions : Source Documents and Vouchers, 8. Accounting Equation, 9. Rules of Debit and Credit, 10. Recording of Business Transactions : Books of Original Entry—Journal, 11. Ledger, 12. Special Purpose (Subsidiary) Books (I) : Cash Book, 13. Special Purpose (Subsidiary) Books (II), 14. Bank Reconciliation Statement, 15. Trial Balance and Errors, 16. Depreciation, 17. Provisions and Reserves, 18. Accounting for Bills of Exchange, 19. Rectification of Errors, 20. Capital and Revenue Expenditures and Receipts, 21. Financial Statements/Final Accounts (Without Adjustment), 22. Final Accounts (With Adjustment), 23. Accounts from Incomplete Records or Single Entry System. UNIT : Computer in Accounting 1. Introduction to Computer and Accounting Information System (AIS), 2. Applications of Computer in Accounting, 3. Accounting and Database System : Project Work A Appendix : Dictionary of Accounting B Latest Model Paper (BSEB) C Examination Paper (JAC) with OMR Sheet

1. Accounting Equation, 2. Rules of Debit and Credit, 3. Recording of Business Transactions : Books of Original Entry—Journal, 4. Ledger, 5. Special Purpose (Subsidiary) Books (I) : Cash Book, 6. Special Purpose Subsidiary Books (II), 7. Bank Reconciliation Statement, 8. Trial Balance & Errors, 9. Depreciation, 10. Accounting for Bills of Exchange, 11. Rectification of Errors, 12. Capital and Revenue Expenditures and Receipts, 13. Financial Statements/Final Account (Without Adjustment), 14. Final Accounts (With Adjustment), 15. Accounts from Incomplete Records Or Single Entry System.

SOLUTION TO PRACTICAL PROBLEMS IN ACCOUNTANCY CLASS 11: 4. SOURCE DOCUMENTS OF ACCOUNTANCY 5. ACCOUNTING EQUATION 6. RULES OF DEBIT AND CREDIT 7. PRELIMINARY RECORDING OF BUSINESS TRANSACTION: JOURNAL 8. LEDGER 9. SUBSIDIARY BOOKS : CASH BOOK 10. SPECIAL PURPOSE SUBSIDIARY BOOKS 11. BANK RECONCILIATION STATEMENT 12. PREPARATION OF TRIAL BALANCE 13. ERRORS: IDENTIFICATION AND RECTIFICATION 14. DEPRECIATION 15. PROVISIONS AND RESERVES 16. BILLS OF EXCHANGE: 1. CONCEPTS OF CAPITAL AND REVENUE 2. FINANCIAL STATEMENT: WITHOUT ADJUSTMENT 3. FINANCIAL STATEMENT WITH ADJUSTMENT 4. PREPARATION OF ACCOUNTS FROM INCOMPLETE RECORDS AND SINGLE ENTRY SYSTEM 5. FINANCIAL STATEMENTS OF NON-TRADING ORGANISATIONS

1. Introduction to Accounting, 2. Basic Accounting Terms/Terminology, 3. Theory Base of Accounting : Accounting Principles—Fundamental Assumptions or Concepts, 4. Accounting Standards and IFRS, 5. Double Entry System, 6. Process and Bases of Accounting, 7. Origin of Transactions : Source Documents and Vouchers, 8. Accounting Equation, 9. Rules of Debit and Credit, 10. Recording of Business Transactions : Books of Original Entry—Journal, 11. Ledger, 12. Special Purpose (Subsidiary) Books (I) : Cash Book, 13. Special Purpose (Subsidiary) Books (II), 14. Bank Reconciliation Statement, 15. Trial Balance and Errors, 16. Depreciation, 17. Provisions and Reserves, 18. Accounting for Bills of Exchange, 19. Rectification of Errors, 20. Capital and Revenue Expenditures and Receipts, 21. Financial Statements/Final Accounts (Without Adjustment), 22. Final Accounts (With Adjustment), 23. Accounts from Incomplete Records or Single Entry System, 24. Accounting for Not-for-Profit Organisations, Computer in Accounting 1. Introduction to Computer and Accounting Information System (AIS), 2. Applications of Computer in Accounting, 3. Accounting and Database System. Project Work.