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Latest () Edition – NCERT Accountancy Book class 11,12 (English) Quick PDF Download. Latest () Edition – NCERT Accountancy Book class 11,12 (Hindi) Quick PDF Download. Download Free NCERT Solutions PDF for class 6th to 12th. Accountancy, download pdf Hindi, cbse board books, ncert Accountancy books, ncert books in hindi, ncert books in english, free ncert books, download ncert. AccountancyI. NCERT/CBSE class 12 Accountancy book AccountancyI · AccountancyPartII. NCERT/CBSE class 12 Accountancy book AccountancyPartII .

Ncert Accounts Book

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NCERT Class XI Accountancy Book. AglaSem NCERT Solutions · Chapter 1 – Introduction to Accounting · Chapter 2 – Theory Base of Accounting · Chapter 3. NCERT Class XII Accountancy Book. National Council of Educational Research and Training (NCERT) Book for Class XII Subject: Accountancy. Download latest NCERT Book for Class 11 Accountancy. NCERT Books can be download in pdf format for Class 11 Accountancy. Download entire book or each .

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It depends on us what type of books we choose for ourselves. Different schools prefer different books according to the syllabus.

While other students who prepare for some entrance or competitive exams choose books which will help them prepare properly and score well in the examination. These books cost less. The language and style of the book is easy and simple.

So, anyone who reads this will be able to understand all the matter and concepts of the book easily. There is no exaggeration. All the information is to the point.

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They help us save time because of the easy language and to the point information. The student does not need to read any unnecessary information and all the basics are cleared with these information.

These books will help to fetch enough marks for the students if one has followed everything mentioned in the book. They are light in weight and are easy to carry.

This helps the student to get a clear idea of what kind of question can come in the exam. If the questions given in the book are thoroughly solved, then one gets into the habit of solving any type of question. This will help the students in the future. The students must know all the information given in the book thoroughly as the maximum of the questions comes for NCERT books. This is the reason why one should clear all the concepts from the NCERT book first instead of using reference books.

Whether the student belongs to Science stream or Humanities or Commerce, the NCERT books have proper illustration, examples and explanation for all the concepts.

Hence, all the concepts and fundamentals are clearly explained for easy understanding of the students.

They have to the point information for every topic mentioned in the syllabus. There is no exaggeration on the topics. This makes easier for the students to learn and memorize.

They do not have to refer any other side books. Many side books will just create confusion due to the difficult language and the student will waste time in order to complete studying from all other side books. Answer The factors that necessitated systematic accounting are given below.

There are so many events which are important for business but cannot be expressed in terms of money will not be recorded in accounting such as strike by employees etc. For example, if a business possess chairs and tables, then their monetary values is recorded in the books, i. Thus the total value of assets is Rs 1,10, In a small business, all transaction are recorded in a book called 'Journal' but when the transactions becomes large the journal is further subdivided into various subsidiary books.


The books in which various accounts are opened is called 'Ledger'. Describe the informational needs of external users. What do you mean by an asset and what are different types of assets?

Answer Any valuable thing that has monetary value, owned by a business is called an asset. Example: Building, stock, furniture etc. These assets are not meant for sale, For example, land, building machinery, etc.

For example, cash, debtors, stock, etc.

Explain the meaning of gain and profit. Distinguish between these two terms. Answer Profit is the excess of total revenues over total expenses of a business enterprise for an accounting period whereas Gain is the monetary benefit, profit or advantage resulting from events or transactions which are incidental to business such as sale of fixed assets.

Explain the qualitative characteristics of accounting information. All accounting information is verifiable and can be verified from the source document voucher , via cash memos, bills, etc. Hence, the available information should be free from any errors and unbiased.

The users of accounting information need relevant information for decision making, planning and predicting the future conditions. Comparability enables intra-firm and inter-firm comparison. This assists in assessing the outcomes of various policies and programmes adopted in different time horizons by the same or different businesses. Further, it helps to ascertain the growth and progress of the business over time and in comparison to other businesses. Describe the role of accounting in the modern world.

Answer The role of accounting has been changing over the period of time.The controversy centers around the charges of an attempted " saffronised " rewriting of Indian history i. Provides in-depth knowledge- Knowledge without explanation is of no use. Distinguish between these two terms.

Accounts - Buy CBSE Board NCERT Accounts Textbooks for Class 12

But towards the end of the day, it does not matter which books one has used to prepare. NCERT books are written in simple language and have concise information.

This will be really beneficial in saving your precious time.

Romila Thapar 's Medieval India was criticised for being too sympathetic to Muslim viewpoints and for showing too little enthusiasm for Hindu heritage. While other students who prepare for some entrance or competitive exams choose books which will help them prepare properly and score well in the examination.

We are of the opinion that as advisors we can have a different opinion.