NCERT Accountancy Part I (Code 11110) — Class 11
Publisher: National Council of Educational Research and Training (NCERT)
Edition: Revised Edition (latest reprint around 2025)
Pages: Approximately 330 pages
Language: English Medium
ISBN: 978-8174505071 (ISBN‑10: 8174505075)
What’s Inside?
This textbook lays a strong foundation in financial accounting with a progression from basic principles to practical application:
Chapter Structure & Core Topics
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Introduction to Accounting – Definitions, purposes, key terms
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Theory Base of Accounting – GAAP, concepts, systems, accounting standards
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Recording of Transactions I & II – Debit-credit, journal, ledger, special books (cash book, purchase/sales journals), balancing accounts
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Bank Reconciliation Statement – Purpose and preparation of BRS
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Trial Balance & Rectification of Errors – Preparing trial balance, error detection and correction
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Depreciation, Provisions & Reserves – Concepts, depreciation methods, provisions, reserves, secret reserves
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Bills of Exchange – Concepts, promissory notes, maturity, discounting, endorsement, treatment, dishonour, renewal, retirement gillab karta—plus bills receivable/payable and accommodation bills.
These eight chapters create a structured, step-by-step learning pathway—from theory to real-world application.
Features & Student Benefits
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CBSE-aligned content: Fully updated to match the current CBSE syllabus and examination standards.
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Concept Clarity: Clear explanations supported by illustrative examples for better understanding.
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Practice-Oriented: Plenty of solved examples, unsolved exercises, and "Test Your Understanding" sections to reinforce learning.
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Summaries: Each chapter ends with summaries and key terms for quick revision.
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Skill Development: Encourages logical reasoning, numerical skills, and decision-making—essential for students pursuing commerce or CA-related paths.
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Self-Study Ready: The accessible language and structured layout make it suitable for both classroom learning and independent study.

