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FAQs on Blue Print of Accounting of Class XI - Class 11

1. What is the importance of Accounting in Class XI?
Ans. Accounting is a crucial subject in Class XI as it provides the foundation for higher-level studies in Commerce and Business. The concepts learned in this class help students understand the basic principles of accounting, such as ledger maintenance, journal entries, trial balance, and final accounts. Moreover, it also helps students develop analytical and problem-solving skills, which are essential in any business or commerce-related field.
2. What are the topics covered in Accounting Class XI syllabus?
Ans. The Accounting Class XI syllabus covers various topics such as Introduction to Accounting, Theory Base of Accounting, Recording of Transactions - I, Recording of Transactions - II, Bank Reconciliation Statement, Trial Balance and Rectification of Errors, Depreciation, Provisions, and Reserves, Bills of Exchange, and Financial Statements of Sole Proprietorship.
3. What are the career options for students who study Accounting in Class XI?
Ans. Students who study Accounting in Class XI have numerous career options available to them. They can pursue careers in Accounting, Auditing, Banking, Finance, and Taxation. Students can also choose to become Chartered Accountants, Cost Accountants, Financial Analysts, or Tax Consultants. Moreover, they can also opt for higher studies in Commerce and Business Administration.
4. How can students prepare for the Accounting Class XI exam?
Ans. Students can prepare for the Accounting Class XI exam by following a few tips such as understanding the concepts thoroughly, practicing regularly, solving previous year's question papers, and taking mock tests. Moreover, they can also refer to various study materials and online resources available to them. It is also essential to manage their time effectively and revise the syllabus regularly.
5. What is the duration and marking scheme of the Accounting Class XI exam?
Ans. The duration of the Accounting Class XI exam is three hours, and the maximum marks are 80. The exam consists of two parts, Part A and Part B. Part A consists of 40 marks and contains multiple-choice questions and short answer questions. Part B consists of 40 marks and contains long answer questions. Students must attempt all the questions in the exam to score well.
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