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Accountancy XI Part-I

By Prof. Shipra Vaidya   |   DESS, NCERT, New Delhi
Learners enrolled: 6157
An important part of any business organisation is the money that comes in and the money that goes out. Every bit of monetary inflow and outflow needs to be tracked and accounted for.
This course is intended to develop understanding:
  1. Systematically recording the accounting transactions, accountants determine the profitability of a business, perform financial forecasts and assess the overall performance of a business enterprise. 
  2. How can the credibility and usefulness of accounting and financial information be ensured? Or Why accounting and finance are the key elements for a business entity? 
  3. To understand how accounting operates through Generally Accepted Accounting Principles, accounting standards and structured rules and procedures, 
This course will help the aspiring accountants, like you, to strengthen the conceptual base in accounting through variety of e-resources like video lectures, enrichment materials for supplementing textbooks, self assessment inventory and checklist, external weblinks and many more activities for smooth progression and joyful learning.
Summary
Course Status : Ongoing
Course Type : Core
Duration : 24 weeks
Start Date : 12 Apr 2021
End Date : 30 Sep 2021
Exam Date : 24 Sep 2021 IST
Enrollment Ends : 31 Aug 2021
Category :
  • School
Credit Points : 2
Level : School



Course layout

Chapter No.

Module No.

Module Name

Chapter 1

Module 1

Introduction to Accountancy – Part 1

Module 2

Introduction to Accountancy – Part 2

Module 3

Introduction to Accountancy – Part 3

Module 4

Introduction to Accountancy – Part 4

Assignment 1

Chapter 2

Module 5

Theory Base of Accountnacy – Part 1

Module 6

Theory Base of Accountnacy – Part 2

Assignment 2

Chapter 3

Module 7

Accounting Vouchers

Module 8

Accounting Equation

Module 9

Rules of Debit and Credit

Module 10

Books of Original Entry: Journal

Module 11

Special Purpose Books: Cash Book

Module 12

Special Purpose Books: Purchases book, Sales book, Purchases Return book, Sales Return book, Journal Proper

Module 13

Ledger: Format; Posting from journal and subsidiary books; Balancing of accounts

Module 14

Bank Reconciliation Statement: Concept Preparation, Ascertaining the correct cash balance

Assignment 3

Chapter 4

Module 15

Trial Balance and Rectification of Errors

Module 16

Rectification of Errors (continued)

Assignment 4

Chapter 5

Module 17

Depreciation, Provisions & Reserves

Module 18

Provisions and Reserve

Assignment 5

Chapter 6

Module 19

Bills of Exchange – I

Module 20

Bills of Exchange – II

Assignment 6

Final Assessment

Books and references

NCERT "Financial Accounting-I" for Class - XI

Instructor bio

Prof. Shipra Vaidya

DESS, NCERT, New Delhi
Professor Shipra Vaidya is in faculty of Commerce in Department of Education in Social Sciences, NCERT, New Delhi. Her area of specialisation includes Accouting, Business Studies Computerised Accounting System. She is a member coordinator for NCERT's Commerce Curriculum and Textbooks at the higher secondary stage.

Course certificate

The final assessment will be conducted in the last week of the course i.e. from 24 Sept to 30 Sept 2021. The participants will get completion certificate if they score 70% and above in the final assessment.


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