11th ACCOUNTS TUITION (CBSE)

11th Accounts CBSE

11th Accounts is an important subjects in Commerce stream which covers the basic knowledge in Accounting, Financial Statements, Accounting process and computers in accounting. Class 11th Accountancy CBSE NCERT Syllabus provides a broad degree of concepts and introduction to the topic.

How 11th Accounts CBSE Tuitions are taken by us?

At Stride Edutech we understand that effective learning is incredibly important, so we have a complete and comprehensive learning package for CBSE Class 11 Accounts students which may also help them to achieve good marks within the examination.
Our teaching method is doing chart work and making the students understand the concept easily. We conduct Monthly test or chapter wise test for the students and discuss the answer sheet with the students so that the students have a chance to troubleshoot themself can understand the mistakes committed by them

11th Account CBSE tuition are conducted through online class and Face to Face Class (offline class).

11th Accounts CBSE Marks weightage

Topics
Units
Marks
Part A : Financial Accounting - 1
Theoretical Framework
Accounting Process
1
12
40
2
Part B : Financial Accounting - 2
Financial Statements of Sole Proprietorship from Complete and Incomplete Records
Computers in Accounting
3
20
8
4
Part C: Project Work
Project Work
20

11th Accounts CBSE Tuition Fees

Online Classes
Classroom Coaching
Video Lectures
Online Test Kit

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CA Foundation Question Papers

Download the CA Foundation question papers by clicking the link

Papers
Subjects
Question Paper
Video Solutions
1
Principles and Practice of Accounting
MTP1, MTP2, MTP3, MTP4, MTP5
MTP1 - Free
MTP2, MTP3, MTP4, MTP5 - Buy
2
Business Law & Business Correspondence and Reporting
MTP1, MTP2, MTP3, MTP4, MTP5
MTP1 - Free
MTP2, MTP3, MTP4, MTP5 - Buy
3
Business Mathematics and Logical Reasoning & Statistics
MTP1, MTP2, MTP3, MTP4, MTP5
MTP1 - Free
MTP2, MTP3, MTP4, MTP5 - Buy
4
Business Economics & Business and Commercial Knowledge
MTP1, MTP2, MTP3, MTP4, MTP5
MTP1 - Free
MTP2, MTP3, MTP4, MTP5 - Buy

11th Accounts CBSE Syllabus

Part A: Financial Accounting – I (50 Marks)
Unit 1: Theoretical Framework

Introduction to Accounting
Accounting: objectives, advantages and limitations, types of accounting information; users of accounting information and their needs.
Basic accounting terms: business transaction, account, capital, drawings, liability (Non – current and current); asset (Non – current; tangible and intangible assets and current assets), receipts (capital and revenue), expenditure (capital, revenue and deferred), expense, income, profits, gains and losses, purchases, purchases returns, sales, sales returns, stock, trade receivables (debtors and bills receivable), trade payables (creditors and bills payable), goods, cost, vouchers, discount – trade and cash.

Theory Base of Accounting
Fundamental accounting assumptions: going concern, consistency and accrual.
Accounting principles: accounting entity, money measurement, accounting period, full disclosure, materiality, prudence, cost concept, matching concept and dual aspect.
Accounting Standards and IFRS (International Financial Reporting Standards): concept and objectives.
Double entry system of accounting.Bases of accounting – cash basis and accrual basis.


Unit 2: Accounting Process

Recording of Transactions
Accounting equation: analysis of transactions using accounting equation. Rules of debit and credit: for assets, liabilities, capital, revenue and expenses
Origin of transactions- source documents (invoice, cash memo, pay in slip, cheque), preparation of vouchers – cash (debit and credit) and non cash (transfer).Books of original entry: format and recording – Journal.
Cash Book: Simple Cash Book, Cash Book with Discount Column and Cash Book with Bank and Discount Columns, Petty Cash Book.Other books: purchases book, sales book, purchases returns book, sales returns book and journal proper.

Preparation of Bank Reconciliation Statement, Ledger and Trial Balance.
Bank reconciliation statement- calculating bank balance at accounting date: need and preparation. Corrected cash book balance.
Ledger – format, posting from journal, cash book and other special purpose books, balancing of accounts.
Trial balance: objectives and preparation(Scope: Trial Balance with balance method only)

Depreciation, Provisions and Reserves
Depreciation: concept need and factors affecting depreciation; methods of computation of depreciation: straight line method, written down value method (excluding change in method)
Accounting treatment of depreciation: by charging to asset account, by creating provision for depreciation/ accumulated depreciation account, treatment of disposal of asset.
Provisions and reserves: concept, objectives and difference between provisions and reserves; types of reserves- revenue reserve, capital reserve, general reserve and specific reserves.

Accounting for Bills of Exchange
Bills of exchange and promissory note: definition, features, parties, specimen and distinction.
Important terms : term of bill, due date, days of grace, date of maturity, discounting of bill, endorsement of bill, bill sent for collection, dishonour of bill, noting of bill, retirement and renewal of a bill.
Accounting treatment of bill transactions.

Rectification of Errors
Errors: types-errors of omission, commission, principles, and compensating; their effect on Trial Balance.
Detection and rectification of errors; preparation of suspense account.

Part B: Financial Accounting – II (40 Marks)
Unit 3: Financial Statements of Sole Proprietorship

Financial Statements: objective and importance.Trading and profit and loss account: gross profit, operating profit and net profit.
Balance Sheet: need, grouping, marshalling of assets and liabilities.
Adjustments in preparation of financial statements : with respect to closing stock, outstanding expenses, prepaid expenses, accrued income, income received in advance, depreciation, bad debts, provision for doubtful debts, provision for discount on debtors, manager’s commission, abnormal loss, goods taken for personal use and goods distributed as free samples.
Preparation of Trading and Profit and Loss Account and Balance Sheet of sole proprietorship.
Incomplete records: use and limitations.Ascertainment of profit/loss by statement of affairs method.

Unit 4: Financial Statements of Not-for-Profit Organizations

Not-for-profit organizations: concept.
Receipts and Payment account: features. Income and Expenditure account: features.
Preparation of Income and Expenditure account and Balance Sheet from the given Receipts and Payments account with additional information

Scope:
Adjustments in a question should not exceed 3 or 4 in number and restricted to subscriptions, consumption of consumables, and sale of assets/ old material.
Entrance/ admission fees and general donations are to be treated as revenue receipts.
Trading Account of incidental activities is not to be prepared.

Unit 5: Computers in Accounting

Introduction to Computer and Accounting Information System {AIS}: Introduction to computers (Elements, Capabilities, Limitations of Computer system), Introduction to operating software, utility software and application software.
Introduction to Accounting Information System (AIS), as a part of MIS
Automation of Accounting Process. Meaning
Stages in automation
(a) Accounting process in a computerised environment; comparison between manual accounting process and Computerised accounting process.
(b) Sourcing of accounting Software; kinds of software: readymade software; customised software and tailor-made software; Generic Considerations before sourcing accounting software
(c) Creation of Account groups and hierarchy(d) Generation of reports -Trial balance, Profit and Loss account and Balance Sheet.

Scope:
The scope of the unit is to understand accounting as an information system for the generation of accounting information and preparation of accounting reports.
It is presumed that the working knowledge of any appropriate accounting software will be given to the students to help them learn basic accounting operations on computers

Part C: Project Work (10 Marks)

Any One:

  • Collection of Source Documents,Preparation of Vouchers.
  • Preparation of Vouchers, Recording of Transactions with the help of vouchers.Preparation of Bank Reconciliation Statement with the given cash book and the pass book with twenty to twenty-five transactions.
  • Comprehensive project starting with journal entries regarding any sole proprietorship business, posting them to the ledger and preparation of Trial balance.The students will then prepare Trading and Profit and Loss Account on the basis of the prepared trial balance. Expenses, incomes and profit (loss) are to be depicted using pie chart / bar diagram.

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Frequently Asked Questions / FAQ

What is the CA Foundation?

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It is the First level of CA course

What is the process for the CA Foundation Exam?

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You can register CA Foundation course through online in icai.org. You will get study materials via post once you register

How to get my SRO number for my CA foundation?

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Once you register online your registration number will be created and displayed. Which will start with ”SRO”

How many subjects are there in CA Foundation?

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There are a total of 4 subjects in CA Foundation

What are the subjects in CA Foundation?

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The 4 subjects in CA Foundation are,
Paper 1 - Principles and Practice of Accounting
Paper 2 - Business Law & Business Correspondence and Reporting
Paper 3 - Business Mathematics and Logical Reasoning & Statistics
Paper 4 - Business Economics & Business and Commercial Knowledge

Paper 3 and Paper 4 are objective type papers with negative marking

What is the difference between CA CPT and CA Foundation?

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CA CPT is the old syllabus and CA Foundation is the new syllabus

What is the syllabus for CA Foundation?

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The CA Foundation subject and mark details are given above. You can find the latest syllabus in BOS portal in icai.org

What documents are required for CA foundation registration?

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The documents required for CA Foundation are,
Student Photo
Student Sign
Address Proof
10th and 12th Marksheet

Is CA Foundation Mandatory?

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CA Foundation is mandatory for students who want to study CA after completing 12th. Students who have completed degree can skip CA Foundation and take up CA Inter directly.

How could I order the ICAI CA foundation study material online?

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Once you have registered in ICAI, the books will be sent to you through post.

When the exams are conducted for CA?

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ICAI conducts the exams in May and November every year. The exams in 2020 might be delayed due to corono virus lockdown.

When is the last date to submit the registration?

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For May exams, 31st Dec of the previous year is the last date for registration
For Nov exams, 30th June is the last date for registration.

Does CA Foundation have negative marking?

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Yes. Two papers of the 4 papers in CA Foundation are objective type papers and have negative marking. For every wrong answer 0.25 negative marks apply. The two papers are,
- Business Mathematics and Logical Reasoning & Statistics
- Business Economics & Business and Commercial Knowledge

What is the eligibility for CA Foundation?

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+2 (State board or CBSE) completion is the eligibility for CA Foundation

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