• 11 Class Accountancy Analysis

    11 Class Accountancy Analysis

    Are you opting for Commerce stream after your 10th board? Accountancy is your favorite subject and wants to know more about Class 11 accounts? If yes, then you have landed upon the right page.  Here we will provide all the necessary information regarding the Class 11 Accountancy syllabus, tips, and the benefits. So, let us begin!!

    First and foremost, let’s understand what Accounting actually means. In simple language, Accounting is keeping the records, reporting, analysing and interpreting the data. Accounting is used in every aspect of business. Therefore, having a clear understanding of concepts is a must for the Accountancy subject.

    Benefits Of Accounting

    Accounting helps in various aspects of the business. It is not only limited to debit and credit, profit, or loss. The class 11 accountancy syllabus lays a foundation for the future. Below listed are some of the benefits for accounting in real life:

    • Preparing Financial statements
    • Maintaining Business Records
    • Helpful in making Managerial decisions
    • Providing proof in legal matters
    • Settling of Tax Liabilities
    • A comparative study, and many more.

    Class 11 Accountancy Syllabus

    The class 11 Accountancy syllabus is divided into three parts. Each part carries marks weightage.

    Part A- Financial Accounting-I (50 Marks)

    1. Theoretical framework
    • Introduction to Accounting
    • Theory base of Accounting
    1. Accounting process
    • Recording of Transactions
    • Preparation of Bank Reconciliation statements, ledger, and Trial Balance
    • Depreciation, Provisions, and reserves
    • Accounting for bills of exchange
    • Rectification of Errors

    Part B- Financial Accounting-Ii (40 Marks)

    1. Financial statements of sole Proprietorship
    • Financial Statements
    • Balance Sheet
    • Profit and Loss account
    • Adjustments in preparation of financial statements
    • Preparation of Trading, profit and loss account and balance sheet of sole Proprietor
    1. Financial Statements Of Non-Profits
    • Not for Profit Organisations- Concepts
    • Receipts and Payments accounts: – features
    • Income and Expenditure account
    1. Computers In Accounting
    • Introduction to Computer and Accounting Information System
    • Introduction to Operating Software
    • Automation of the Accounting process
    • Stages in Automation

    Part C- Project Work (10 Marks)

    You have to pick any one of the given projects and do it. The project work marks are added to the final 12th board result as well.

    How To Prepare For Class 11 Accountancy Syllabus

    Well, there are a few ways wherein you can cover up your syllabus within a dedicated time period. But it must be strictly followed.

    • Firstly, you must come up with a study plan. Where to begin? How much time to be given? etc as a kick start.
    • Secondly, students must study their textbook and reference books. Too much of reference books would make you confuse, so select upon a couple of them and solve them.
    • Today, online medium is the best way. Study Online 11th Commerce and solve mock tests, previous years’ questions, and sample papers.
    • Time management is key. Allocate fixed hours daily for the subject. As accounts is a practical subject, the more you will solve, the more you will have grip
  • Education

    The Officers Of General Translation

    When you are considering venturing foot into translation, it is dependably a smart thought to comprehend what you’re getting into before you even attempt. As a matter of first importance, you have to guarantee that you are prepared for a quick paced condition that takes practically no prisoners. Truth be told, you must be on your toes consistently, particularly with your composition, in the event that you need to stay aware of even the most unremarkable types of translation.

    General transcribers will chip away at pretty much anything. From radio, telecom, documentaries, to some other type of media or legitimate things that require a general interpretation proficient. Yet, what is it you can expect as a general interpretation proficient? Indeed, as a matter of first importance you will need to recognize what interpretation truly is.

    Interpretation, or general translation is, a business, which changes over the talked word to a composed, or electronic content document. You can be asked to either work live or from a pre-recorded sitting. While indeed, live can be undeniably more troublesome than a pre-recorded sound or video tape, it is in every case bravo to be knowledgeable in both of these types of general translation in the example that you get contracted on for a live or recorded interpretation work.

    In the field of general translating you can work for an interpretation benefit organization or work independent. Both of these are authentic types of translating, in any case, with an organizations backing, you might just start to arrive a portion of the more rewarding general deciphering occupations.

    Several the necessities of general translation, likewise with some other sort of interpreting out there, are that you have a genuinely fast composing pace. A large number of these organizations will ask that you type two hundred words for each moment or more. This is just in such a case that you’re interpreting live, you must have the capacity to stay aware of what individuals are stating with little trouble. You may even be requested to submit to a speed-composing test, which will rate what number of words every moment you type, and additionally your exactness.

    The precision segment of these tests will evaluate regardless of whether you’re equipped for spelling and sentence structure. While individuals won’t generally talk accurately per the dialect they talk, you will be requested to compose every single word just as the individual is talking. Consequently, the best possible utilization of accentuation is an outright should. Nothing is more terrible than an interpretation that is level and does not have the feeling that the general population utilized while talking the words you are translating.

    Much the same as whatever other field that you might be keen on working, as a rule translating necessitates that you know your activity and realize it well. Without this pre-information of the field, you will swim up stream with not a single plan to be found. Obviously, at work preparing will likewise assist you with overcoming any deficiencies that you may have with your general translation vocation or gig.