CLASS XI
ACCOUNTANCY (ACCT)
SEMESTER - II
Full Marks: 40
Contact Hours: 80
Question Paper Typology
Remembering & Understanding
12 Marks
30%
Applying
20 Marks
50%
Analyzing, Evaluating & Critical Understanding
8 Marks
20%
Units Overview
Unit 1
20 MarksFundamental Accounting Process – II
40 Contact Hours
Unit 2
10 MarksFinal Accounts of Sole Proprietor
20 Contact Hours
Unit 3
5 MarksAccounts of Non-Profit Seeking Organizations
10 Contact Hours
Unit 4
5 MarksAccounts from Incomplete Records
10 Contact Hours
Detailed Syllabus
Unit 1: Fundamental Accounting Process – II
20 Marks
40 Hours
📘 Ledger
- Format
- Posting from Journal and Subsidiary Books
- Balancing of Accounts
💰 Cash Book
- Simple Cash Book
- Cash Book with Cash and Bank Column
- Petty Cash Book
⚖️ Trial Balance
- Objectives
- Meaning
- Preparation of Trial Balance from Balances only
🏦 Bank Reconciliation Statement
- Need
- Preparation of Bank Reconciliation Statement (excluding amended cash book)
🔧 Rectification of Errors
- After preparation of Trial Balance
- Excluding after preparation of Final Accounts
- Preparation of Suspense Account
📉 Depreciation
- Meaning
- Need for providing Depreciation
- Factors to be considered while computing Depreciation
📊 Methods of Depreciation
- Straight Line Method (SLM)
- Written Down Value Method (WDV)
- Difference between SLM and WDV
- Method of recording Depreciation by charging to asset account only
- Including purchase and sale of Depreciable Assets
Note: Excluding change of Method of Depreciation
Unit 2: Final Accounts of Sole Proprietor
10 Marks
20 Hours
📋 Overview
- Meaning
- Objectives
- Importance
🏭 Manufacturing Account
- Preparation of Manufacturing Account
💹 Trading and Profit & Loss Account
- Concepts of Gross profit
- Operating profit
- Net profit
📄 Balance Sheet
- Need
- Grouping and marshalling of assets and liabilities
🔄 Preparation with Adjustments
- Closing Stock
- Outstanding Expenses
- Prepaid Expenses
- Accrued Income
- Income Received in Advance
- Depreciation
- Bad Debts
- Provision for Doubtful Debts
- Provision for Discount on Debtors
- Abnormal Loss
- Goods taken for personal use/Staff Welfare
- Manager's Commission
Unit 3: Accounts of Non-Profit Seeking Organizations
5 Marks
10 Hours
🤝 Non-Profit Seeking Organizations
- Concept
💵 Receipts and Payments Account
- Meaning
- Features
📈 Income and Expenditure Account
- Meaning
- Features
📝 Preparation
- Preparation of Income and Expenditure Account from the given Receipts and Payments Account
- With additional information
Unit 4: Accounts from Incomplete Records
5 Marks
10 Hours
📑 Fundamentals
- Features
- Reasons
- Limitations
📊 Preparation
- Preparation of Statement of Profit / Loss
- Statement of Affairs
Note: Excluding conversion to Double Entry System
Weightage to Form Questions
| Unit | Topics | Marks | Question Type | No. of Questions | Marks Each | Total |
|---|---|---|---|---|---|---|
| Unit 1 | Fundamental Accounting Process – II | 20 |
Descriptive (2)
SAQ Type 2 (2)
SAQ Type 1 (2)
|
2
2
2
|
5
3
2
|
10 + 6 + 4 = 20 |
| Unit 2 | Final Accounts of Sole Proprietor | 10 |
Descriptive (1)
SAQ Type 2 (1)
SAQ Type 1 (1)
|
1
1
1
|
5
3
2
|
5 + 3 + 2 = 10 |
| Unit 3 | Accounts of Non-Profit Seeking Organizations | 5 |
SAQ Type 2 (1)
SAQ Type 1 (1)
|
1
1
|
3
2
|
3 + 2 = 5 |
| Unit 4 | Accounts from Incomplete Records | 5 | Descriptive (1) | 1 | 5 | 5 |
| Total | 40 | |||||
📌 Important Note
20 Hours reserved for Remedial Classes, Tutorials and Home Assignments