Grade 11 › Accountancy

Class 11 Accountancy

Master all 15 chapters with concept notes, worked examples, and MCQ tests — all free.

15 Chapters Online MCQ Tests 2 Tests / Chapter Free Forever
🧮 New · Interactive Lab Run the books — Accounting Equation Simulator, Journal → Ledger Animator & Depreciation Calculator Open the Lab →
📘
Chapter 1
Introduction to Accounting
Meaning, Objectives and Functions of Accounting Users of Accounting Information and Branches of Accounting Advantages, Limitations and Basic Accounting Terms
Study Test  15 min MCQs  12 min 📝 Paper
📗
Chapter 2
Theory Base of Accounting
GAAP and the Basic Accounting Concepts More Concepts, Conventions and Accounting Assumptions Accounting Standards, IFRS and the Systems of Accounting
Study Test  15 min MCQs  12 min 📝 Paper
🧾
Chapter 3
Recording of Transactions — Source Documents and the Accounting Equation
Business Transactions and Source Documents Assets, Liabilities, Capital and the Accounting Equation Solving Accounting Equation Problems
Study Test  15 min MCQs  12 min 📝 Paper
✍️
Chapter 4
Journal
Classification of Accounts and the Rules of Debit and Credit Recording Journal Entries (Simple and Compound) Opening, Closing and the Idea of Rectification Entries
Study Test  15 min MCQs  12 min 📝 Paper
📒
Chapter 5
Ledger
Meaning of Ledger and the Posting Process Balancing of Accounts Preparing a Ledger from the Journal
Study Test  15 min MCQs  12 min 📝 Paper
⚖️
Chapter 6
Trial Balance and Rectification of Errors
Trial Balance: Meaning, Objectives and Methods Types of Errors and Errors that the Trial Balance Cannot Detect Rectification of Errors and the Suspense Account
Study Test  15 min MCQs  12 min 📝 Paper
💵
Chapter 7
Cash Book
Meaning and Single & Double Column Cash Books Triple Column Cash Book and Contra Entries Petty Cash Book and the Imprest System
Study Test  15 min MCQs  12 min 📝 Paper
📚
Chapter 8
Special Purpose (Subsidiary) Books
Subsidiary Books: Purchases, Sales and Returns Books Bills Receivable, Bills Payable Books and the Journal Proper Trade Discount, Cash Discount and GST in Subsidiary Books
Study Test  15 min MCQs  12 min 📝 Paper
🏦
Chapter 9
Bank Reconciliation Statement
Meaning of BRS and the Causes of Difference Preparing a BRS from Favourable Balances Overdraft and the Adjusted Cash Book Method
Study Test  15 min MCQs  12 min 📝 Paper
📉
Chapter 10
Depreciation, Provisions and Reserves
Meaning, Causes and Need for Depreciation Straight Line and Written Down Value Methods Disposal of an Asset, Change of Method, Provisions and Reserves
Study Test  15 min MCQs  12 min 📝 Paper
📜
Chapter 11
Bills of Exchange
Meaning, Features, Parties and Promissory Notes Accounting for Retention, Discounting and Endorsement Dishonour, Noting, Renewal and Retirement of a Bill
Study Test  15 min MCQs  12 min 📝 Paper
📑
Chapter 12
Final Accounts of a Sole Proprietorship — I
Trading Account and Gross Profit Profit and Loss Account and Net Profit The Balance Sheet and Marshalling
Study Test  15 min MCQs  12 min 📝 Paper
📖
Chapter 13
Financial Statements with Adjustments — II
Outstanding, Prepaid, Accrued and Unearned Items Closing Stock, Depreciation, Bad Debts and Provisions Preparing Final Accounts with Multiple Adjustments
Study Test  15 min MCQs  12 min 📝 Paper
🧩
Chapter 14
Accounts from Incomplete Records
Single Entry System: Meaning, Features and Limitations Ascertaining Profit by the Statement of Affairs Method Introduction to the Conversion Method
Study Test  15 min MCQs  12 min 📝 Paper
💻
Chapter 15
Introduction to Computerised Accounting
Need, Components and Advantages of Computerised Accounting Manual vs Computerised Accounting and Accounting Software Database Concepts, GST and Automation in Accounting
Study Test  15 min MCQs  12 min 📝 Paper