Ncert Solutions Class 11 Accountancy Bills of Exchange
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
| Exercise | No. of questions | Pages |
|---|---|---|
| Questions for practice | 26 | 20 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
| Exercise | No. of questions | Pages |
|---|---|---|
| Questions for practice | 16 | 43 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 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 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 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 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 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 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 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 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 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
| Exercise | No. of questions | Pages |
|---|---|---|
| Questions for practice | 11 | 491 |
NCERT Solutions for Accountancy Financial Accounting 1 Class 11
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Comprehensive NCERT solutions for Accountancy Financial Accounting 1 Class 11
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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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Ncert Solutions Class 11 Accountancy Bills of Exchange
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