CLASS XI-ACCOUNTANCY-TITLE 1

Introduction to Accounting, Theory Base of Accounting

1. Basics of Accounting 2. Attributes of Accounting 3. Objectives of Accounting 4. Branches of Accounting 5. Users of accounting information 6. Qualitative characteristics of accounting information 7. Process of Accounting 8. Basic terms in Accounting 9. Theory Base of Accounting 10. Basic accounting concepts 11. Cost concepts 12. Dual aspect concepts 13. Revenue recognition concepts 14. Consistency concepts 15. Materiality concepts 16. Systems of accounting 17. How the transactions are recorded? 18. Accounting standards

CLASS XI-ACCOUNTANCY-TITLE 2

Recording of Transactions – I

1. Recording of Transaction 2. Accounting vouchers 3. Journal and Transaction voucher 4. Example for better understanding 5. Illustration – I 6. Illustration – II 7. Illustration – III 8. Illustration – IV 9. Rules of debit and credit 10. Traditional classification 11. Modern classification and rules 12. Journal 13. Illustration – V 14. Illustration – VI 15. Illustration – VII 16. Illustration – VIII (use of modern classification accounts) 17. Illustration – IX 18. Ledger 19. Distinguish between journal and ledger 20. Postings or entries in ledger 21. Illustration – X

CLASS XI-ACCOUNTANCY-TITLE 3

Recording of Transactions – II

1. Cash book 2. Single column cash book and Illustration – I 3. Double column cash book 4. Illustration – II  5. Illustration – III 6. Petty cash book 7. Imperest system 8. Making of petty cash book 9. Analytical petty cash book and Illustration – IV  10. Balancing the cash book 11. Subsidiary books 12. Purchases book 13. Illustration – V 14. Illustration – VI 15. Illustration – VII 16. Journal proper 17. Balancing of accounts

CLASS XI-ACCOUNTANCY-TITLE 4

Bank Reconciliation Statement, Trial Balance & Rectification of Errors

1. Bank reconciliation statement 2. Causes of difference 3. Illustration – I 4. Illustration – II 5. Illustration – III 6. Illustration – IV 7. Adjusted cashbook 8. Rectification of Errors 9. Preparation of trial balance 10. Classification of errors 11. Searching for errors 12. Rectification of Errors which do not affect trial balance 13. Illustration – I 14. Illustration – II 15. Rectification of Errors affecting trial balance 16. Illustration – III 17. Illustration – IV 18. Illustration – V 19. The making of suspense account

CLASS XI-ACCOUNTANCY-TITLE 5

Depreciation, Provisions & Reserves Part – I

1. Depreciation 2. Features of Depreciation 3. Terms co-related to Depreciation 4. Causes of Depreciation 5. Need for Depreciation 6. Factors affecting 7. Methods of calculating Depreciation 8. Methods of Depreciation 9. Limitations 10. Written down value method 11. Advantages 12. Limitations 13. Comparison of straight line and diminishing balance method 14. Method of recording Depreciation 15. Provision for Depreciation

CLASS XI-ACCOUNTANCY-TITLE 6

Depreciation, Provisions & Reserves Part – II

1. Illustration – I 2. Straight line method 3. Illustration - II 4. Illustration – III 5. Sale of assets 6. Illustration – IV 7. Illustration of depreciation based on journal entries 8. Illustration – V 9. Illustration based on diminishing balance method 10.  Illustration – VI 11. Provision for depreciation 12. Illustration – VII 13. Illustration – VIII 14. Machinery disposal account 15. Illustration – IX 16. Illustration – X

CLASS XI-ACCOUNTANCY-TITLE 7

Bill of exchange

1. Bill of exchange 2. Parties to a bill of exchange 3. Promissory note 4. Distinction between bill of exchange and Promissory note 5. Maturity of bill 6. Discounting bill 7. Endorsement of bill 8. Accounting treatment 9. Accounting treatment in the books of drawee/ acceptor /promissory 10. Illustration – I (case -1) 11. Illustration – I (case -2) 12. Illustration – I (case -3) 13. Dishonor of bill 14. Illustration – II 15. Illustration – II (on the basis of drawee)

CLASS XI-ACCOUNTANCY-TITLE 8

Financial Statements – I

1. Financial Statements – I 2. Distinguish between capital and revenue 3. Receipts financial statements 4. Trading and profit & loss account 5. Relevant items in Trading and profit & loss account 6. Closing entries 7. Format of Trading and profit & loss account 8. Concept of gross profit and net profit 9. Illustration – I (Trading account) 10. Illustration – II (Profit & loss account) 11. Cost of goods sold 12. Operational profit (EBIT) 13. Balance sheet 14. Marshalling and grouping of Assets and liabilities

CLASS XI-ACCOUNTANCY-TITLE 9

Accounting from Incomplete Records, Applications of computers in Accounting, Computerised Accounting System, Accounting and Database Management Systems

1. Accounts from incomplete records 2. Reasons of incompletes and limitation 3. Ascertainment of Profit & Loss 4. Statement of affairs 5. Statement of profit & loss 6. Illustration – I 7. Illustration – II 8. Distinction between statement of affairs and balance sheet 9. Preparation of profit & loss account and balance sheet 10. Illustration – III 11. Ascertainment of credit sales 12. Illustration – IV 13. Ascertainment of B/R and B/P 14. Computer in accounting 15. Designing of accounting reports 16. Types of reports 17. Data exchange with other information system 18. Comparison between manual and computerised accounting 19. Advantages of computerised accounting 20. Limitations of computerised accounting 21. Sourcing of accounting software 22. Accounting and database management systems 23. Relation ships