Commerce Exam > Commerce Notes > Accountancy Class 11 > NCERT Textbook - Recording of Transactions-II
NCERT Textbook - Recording of Transactions-II | Accountancy Class 11 - Commerce PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1 I n chapter 3, you learnt that all the business transactions are first recorded in the journal and then they are posted in the ledger accounts. A small business may be able to record all its transactions in one book only, i.e., the journal. But as the business expands and the number of transactions becomes large, it may become cumbersome to jour-nalise each transaction. For quick, efficient and accurate recording of business transactions, Journal is sub-divided into special journals. Many of the business transactions are repetitive in nature. They can be easily recorded in special journals, each meant for recording all the transactions of a similar nature. For example, all cash transactions may be recorded in one book, all credit sales transactions in another book and all credit purchases transactions in yet another book and so on. These special journals are also called daybooks or subsidiary books. Transactions that cannot be recorded in any special journal are recorded in journal called the Journal Proper. Special journals prove economical and make division of labour possible in accounting work. In this chapter we will discuss the following special purpose books: • Cash Book • Purchases Book • Purchases Return (Return Outwards) Book • Sales Book • Sales Return (Return Inwards) Book • Journal Proper Recording of Transactions-II 4 LEARNING OBJECTIVES After studying this chapter, you will be able to : • state the need for special purpose books; • record the transactions in cash book and post them in the ledger; • prepare the petty cash book; • record the transactions in the special purpose books; • post the entries in the special purpose book and to the ledger; • balance the ledger accounts. 2024-25 Page 2 I n chapter 3, you learnt that all the business transactions are first recorded in the journal and then they are posted in the ledger accounts. A small business may be able to record all its transactions in one book only, i.e., the journal. But as the business expands and the number of transactions becomes large, it may become cumbersome to jour-nalise each transaction. For quick, efficient and accurate recording of business transactions, Journal is sub-divided into special journals. Many of the business transactions are repetitive in nature. They can be easily recorded in special journals, each meant for recording all the transactions of a similar nature. For example, all cash transactions may be recorded in one book, all credit sales transactions in another book and all credit purchases transactions in yet another book and so on. These special journals are also called daybooks or subsidiary books. Transactions that cannot be recorded in any special journal are recorded in journal called the Journal Proper. Special journals prove economical and make division of labour possible in accounting work. In this chapter we will discuss the following special purpose books: • Cash Book • Purchases Book • Purchases Return (Return Outwards) Book • Sales Book • Sales Return (Return Inwards) Book • Journal Proper Recording of Transactions-II 4 LEARNING OBJECTIVES After studying this chapter, you will be able to : • state the need for special purpose books; • record the transactions in cash book and post them in the ledger; • prepare the petty cash book; • record the transactions in the special purpose books; • post the entries in the special purpose book and to the ledger; • balance the ledger accounts. 2024-25 100 Accountancy 4.1 Cash Book Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-for- profit. It serves the purpose of both journal as well as the ledger (cash) account. It is also called the book of original entry. When a cashbook is maintained, transactions of cash are not recorded in the journal, and no separate account for cash or bank is required in the ledger. 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book The single column cash book records all cash transactions of the business in a chronological order, i.e., it is a complete record of cash receipts and cash payments. When all receipts and payments are made in cash by a business organisation only, the cash book contains only one amount column on each (debit and credit) side. The format of single column cash book is shown in figure 4.1. Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` Fig. 4.1 : Format of single column cash book Recording of entries in the single column cash book and its balancing is illustrated by an example. Consider the following transactions of M/s Roopa Traders observe how they are recorded in a single column cash book. Date Details Amount ` 2017 Nov. 01 Cash in hand 30,000 Nov. 04 Cash received from Gurmeet 12,000 Nov. 08 Insurance paid (Annual Instalment) 6,000 Nov. 13 Purchased furniture 13,800 Nov. 16 Sold goods for cash 28,000 Nov. 17 Purchased goods from Mudit in cash 17,400 Nov. 20 Purchase stationery 1,100 Nov. 24 Cash paid to Rukmani in full settlement of account 12,500 2024-25 Page 3 I n chapter 3, you learnt that all the business transactions are first recorded in the journal and then they are posted in the ledger accounts. A small business may be able to record all its transactions in one book only, i.e., the journal. But as the business expands and the number of transactions becomes large, it may become cumbersome to jour-nalise each transaction. For quick, efficient and accurate recording of business transactions, Journal is sub-divided into special journals. Many of the business transactions are repetitive in nature. They can be easily recorded in special journals, each meant for recording all the transactions of a similar nature. For example, all cash transactions may be recorded in one book, all credit sales transactions in another book and all credit purchases transactions in yet another book and so on. These special journals are also called daybooks or subsidiary books. Transactions that cannot be recorded in any special journal are recorded in journal called the Journal Proper. Special journals prove economical and make division of labour possible in accounting work. In this chapter we will discuss the following special purpose books: • Cash Book • Purchases Book • Purchases Return (Return Outwards) Book • Sales Book • Sales Return (Return Inwards) Book • Journal Proper Recording of Transactions-II 4 LEARNING OBJECTIVES After studying this chapter, you will be able to : • state the need for special purpose books; • record the transactions in cash book and post them in the ledger; • prepare the petty cash book; • record the transactions in the special purpose books; • post the entries in the special purpose book and to the ledger; • balance the ledger accounts. 2024-25 100 Accountancy 4.1 Cash Book Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-for- profit. It serves the purpose of both journal as well as the ledger (cash) account. It is also called the book of original entry. When a cashbook is maintained, transactions of cash are not recorded in the journal, and no separate account for cash or bank is required in the ledger. 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book The single column cash book records all cash transactions of the business in a chronological order, i.e., it is a complete record of cash receipts and cash payments. When all receipts and payments are made in cash by a business organisation only, the cash book contains only one amount column on each (debit and credit) side. The format of single column cash book is shown in figure 4.1. Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` Fig. 4.1 : Format of single column cash book Recording of entries in the single column cash book and its balancing is illustrated by an example. Consider the following transactions of M/s Roopa Traders observe how they are recorded in a single column cash book. Date Details Amount ` 2017 Nov. 01 Cash in hand 30,000 Nov. 04 Cash received from Gurmeet 12,000 Nov. 08 Insurance paid (Annual Instalment) 6,000 Nov. 13 Purchased furniture 13,800 Nov. 16 Sold goods for cash 28,000 Nov. 17 Purchased goods from Mudit in cash 17,400 Nov. 20 Purchase stationery 1,100 Nov. 24 Cash paid to Rukmani in full settlement of account 12,500 2024-25 101 Recording of Transactions - II Nov. 27 Sold goods to Kamal for cash 18,200 Nov. 30 Paid monthly rent 2,500 Nov. 30 Paid salary 3,500 Nov. 30 Deposited in bank 8,000 Roopa Traders Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` 2017 2017 Nov. 01 Balance b/d 30,000 Nov. 08 Insurance 6,000 Nov. 04 Gurmeet 12,000 Nov. 13 Furniture 13,800 Nov. 16 Sales 28,000 Nov. 17 Purchases 17,400 Nov. 27 Sales 18,200 Nov. 20 Stationery 1,100 Nov. 24 Rukmani 12,500 Nov. 30 Rent 2,500 Nov. 30 Salary 3,500 Nov. 30 Bank 8,000 Nov. 30 Balance c/d 23,400 88,200 88,200 Dec.01 Balance b/d 23,400 Posting of the Single Column Cash Book As evident from figure 4.1, the left side of the cash book shows the receipts of the cash whereas the right side of the cash book shows all the payments made in cash. The accounts appearing on then debit side for the cash book are credited in the respective ledger accounts because cash has been received in respect of them. Thus, in our example, an entry ‘cash received from Gurmeet’ appears on the debit side of the cash book conveys that the cash has been received from Gurmeet. Therefore, in the ledger, Gurmeet’s account will be credited by writing ‘Cash’ in the particulars column on the credit side. Similarly, all the account names appearing on the credit side of the cash book are debited as cash/cheque has been paid in respect of them. Now, notice, how the transactions in our example are posted to the related ledger accounts: 2024-25 Page 4 I n chapter 3, you learnt that all the business transactions are first recorded in the journal and then they are posted in the ledger accounts. A small business may be able to record all its transactions in one book only, i.e., the journal. But as the business expands and the number of transactions becomes large, it may become cumbersome to jour-nalise each transaction. For quick, efficient and accurate recording of business transactions, Journal is sub-divided into special journals. Many of the business transactions are repetitive in nature. They can be easily recorded in special journals, each meant for recording all the transactions of a similar nature. For example, all cash transactions may be recorded in one book, all credit sales transactions in another book and all credit purchases transactions in yet another book and so on. These special journals are also called daybooks or subsidiary books. Transactions that cannot be recorded in any special journal are recorded in journal called the Journal Proper. Special journals prove economical and make division of labour possible in accounting work. In this chapter we will discuss the following special purpose books: • Cash Book • Purchases Book • Purchases Return (Return Outwards) Book • Sales Book • Sales Return (Return Inwards) Book • Journal Proper Recording of Transactions-II 4 LEARNING OBJECTIVES After studying this chapter, you will be able to : • state the need for special purpose books; • record the transactions in cash book and post them in the ledger; • prepare the petty cash book; • record the transactions in the special purpose books; • post the entries in the special purpose book and to the ledger; • balance the ledger accounts. 2024-25 100 Accountancy 4.1 Cash Book Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-for- profit. It serves the purpose of both journal as well as the ledger (cash) account. It is also called the book of original entry. When a cashbook is maintained, transactions of cash are not recorded in the journal, and no separate account for cash or bank is required in the ledger. 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book The single column cash book records all cash transactions of the business in a chronological order, i.e., it is a complete record of cash receipts and cash payments. When all receipts and payments are made in cash by a business organisation only, the cash book contains only one amount column on each (debit and credit) side. The format of single column cash book is shown in figure 4.1. Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` Fig. 4.1 : Format of single column cash book Recording of entries in the single column cash book and its balancing is illustrated by an example. Consider the following transactions of M/s Roopa Traders observe how they are recorded in a single column cash book. Date Details Amount ` 2017 Nov. 01 Cash in hand 30,000 Nov. 04 Cash received from Gurmeet 12,000 Nov. 08 Insurance paid (Annual Instalment) 6,000 Nov. 13 Purchased furniture 13,800 Nov. 16 Sold goods for cash 28,000 Nov. 17 Purchased goods from Mudit in cash 17,400 Nov. 20 Purchase stationery 1,100 Nov. 24 Cash paid to Rukmani in full settlement of account 12,500 2024-25 101 Recording of Transactions - II Nov. 27 Sold goods to Kamal for cash 18,200 Nov. 30 Paid monthly rent 2,500 Nov. 30 Paid salary 3,500 Nov. 30 Deposited in bank 8,000 Roopa Traders Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` 2017 2017 Nov. 01 Balance b/d 30,000 Nov. 08 Insurance 6,000 Nov. 04 Gurmeet 12,000 Nov. 13 Furniture 13,800 Nov. 16 Sales 28,000 Nov. 17 Purchases 17,400 Nov. 27 Sales 18,200 Nov. 20 Stationery 1,100 Nov. 24 Rukmani 12,500 Nov. 30 Rent 2,500 Nov. 30 Salary 3,500 Nov. 30 Bank 8,000 Nov. 30 Balance c/d 23,400 88,200 88,200 Dec.01 Balance b/d 23,400 Posting of the Single Column Cash Book As evident from figure 4.1, the left side of the cash book shows the receipts of the cash whereas the right side of the cash book shows all the payments made in cash. The accounts appearing on then debit side for the cash book are credited in the respective ledger accounts because cash has been received in respect of them. Thus, in our example, an entry ‘cash received from Gurmeet’ appears on the debit side of the cash book conveys that the cash has been received from Gurmeet. Therefore, in the ledger, Gurmeet’s account will be credited by writing ‘Cash’ in the particulars column on the credit side. Similarly, all the account names appearing on the credit side of the cash book are debited as cash/cheque has been paid in respect of them. Now, notice, how the transactions in our example are posted to the related ledger accounts: 2024-25 102 Accountancy Books of Roopa Traders Gurmeet’s Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov.04 Cash 12,000 Sales Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 16 Cash 28,000 Nov. 27 Cash 18,200 Insurance Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 08 Cash 6,000 Furniture Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 13 Cash 13,800 Purchases Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 17 Cash 17,400 Stationery Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 20 Cash 1,100 2024-25 Page 5 I n chapter 3, you learnt that all the business transactions are first recorded in the journal and then they are posted in the ledger accounts. A small business may be able to record all its transactions in one book only, i.e., the journal. But as the business expands and the number of transactions becomes large, it may become cumbersome to jour-nalise each transaction. For quick, efficient and accurate recording of business transactions, Journal is sub-divided into special journals. Many of the business transactions are repetitive in nature. They can be easily recorded in special journals, each meant for recording all the transactions of a similar nature. For example, all cash transactions may be recorded in one book, all credit sales transactions in another book and all credit purchases transactions in yet another book and so on. These special journals are also called daybooks or subsidiary books. Transactions that cannot be recorded in any special journal are recorded in journal called the Journal Proper. Special journals prove economical and make division of labour possible in accounting work. In this chapter we will discuss the following special purpose books: • Cash Book • Purchases Book • Purchases Return (Return Outwards) Book • Sales Book • Sales Return (Return Inwards) Book • Journal Proper Recording of Transactions-II 4 LEARNING OBJECTIVES After studying this chapter, you will be able to : • state the need for special purpose books; • record the transactions in cash book and post them in the ledger; • prepare the petty cash book; • record the transactions in the special purpose books; • post the entries in the special purpose book and to the ledger; • balance the ledger accounts. 2024-25 100 Accountancy 4.1 Cash Book Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-for- profit. It serves the purpose of both journal as well as the ledger (cash) account. It is also called the book of original entry. When a cashbook is maintained, transactions of cash are not recorded in the journal, and no separate account for cash or bank is required in the ledger. 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book 4.1.1 Single Column Cash Book The single column cash book records all cash transactions of the business in a chronological order, i.e., it is a complete record of cash receipts and cash payments. When all receipts and payments are made in cash by a business organisation only, the cash book contains only one amount column on each (debit and credit) side. The format of single column cash book is shown in figure 4.1. Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` Fig. 4.1 : Format of single column cash book Recording of entries in the single column cash book and its balancing is illustrated by an example. Consider the following transactions of M/s Roopa Traders observe how they are recorded in a single column cash book. Date Details Amount ` 2017 Nov. 01 Cash in hand 30,000 Nov. 04 Cash received from Gurmeet 12,000 Nov. 08 Insurance paid (Annual Instalment) 6,000 Nov. 13 Purchased furniture 13,800 Nov. 16 Sold goods for cash 28,000 Nov. 17 Purchased goods from Mudit in cash 17,400 Nov. 20 Purchase stationery 1,100 Nov. 24 Cash paid to Rukmani in full settlement of account 12,500 2024-25 101 Recording of Transactions - II Nov. 27 Sold goods to Kamal for cash 18,200 Nov. 30 Paid monthly rent 2,500 Nov. 30 Paid salary 3,500 Nov. 30 Deposited in bank 8,000 Roopa Traders Cash Book Dr. Cr. Date Receipts L.F. Amount Date Payments L.F. Amount ` ` 2017 2017 Nov. 01 Balance b/d 30,000 Nov. 08 Insurance 6,000 Nov. 04 Gurmeet 12,000 Nov. 13 Furniture 13,800 Nov. 16 Sales 28,000 Nov. 17 Purchases 17,400 Nov. 27 Sales 18,200 Nov. 20 Stationery 1,100 Nov. 24 Rukmani 12,500 Nov. 30 Rent 2,500 Nov. 30 Salary 3,500 Nov. 30 Bank 8,000 Nov. 30 Balance c/d 23,400 88,200 88,200 Dec.01 Balance b/d 23,400 Posting of the Single Column Cash Book As evident from figure 4.1, the left side of the cash book shows the receipts of the cash whereas the right side of the cash book shows all the payments made in cash. The accounts appearing on then debit side for the cash book are credited in the respective ledger accounts because cash has been received in respect of them. Thus, in our example, an entry ‘cash received from Gurmeet’ appears on the debit side of the cash book conveys that the cash has been received from Gurmeet. Therefore, in the ledger, Gurmeet’s account will be credited by writing ‘Cash’ in the particulars column on the credit side. Similarly, all the account names appearing on the credit side of the cash book are debited as cash/cheque has been paid in respect of them. Now, notice, how the transactions in our example are posted to the related ledger accounts: 2024-25 102 Accountancy Books of Roopa Traders Gurmeet’s Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov.04 Cash 12,000 Sales Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 16 Cash 28,000 Nov. 27 Cash 18,200 Insurance Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 08 Cash 6,000 Furniture Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 13 Cash 13,800 Purchases Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 17 Cash 17,400 Stationery Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 20 Cash 1,100 2024-25 103 Recording of Transactions - II Rukmani’s Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov.24 Cash 12,500 Rent Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov.30 Cash 2,500 Salary Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov. 30 Cash 3,500 Bank’s Account Dr. Cr. Date Particulars J.F. Amount Date Particulars J.F. Amount ` ` 2017 Nov.30 Cash 8,000 4.1.2 Double Column Cash Book 4.1.2 Double Column Cash Book 4.1.2 Double Column Cash Book 4.1.2 Double Column Cash Book 4.1.2 Double Column Cash Book In this type of cash book, there are two columns of amount on each side of the cash book. In fact, now-a-days bank transactions are very large in number. In many organisations, as far as possible, all receipts and payments are affected through bank. A businessman generally opens a current account with a bank. Bank, do not allow any interest on the balance in current account but charge a small amount, called incidental charges, for the services rendered. For depositing cash/cheques in the bank account, a form has to be filled, which is called a pay-in-slip. (refer figure 4.2) It contains a counterfoil also which is returned to the customer (depositor) with the signature of the cashier, as receipt. The bank issues blank cheque forms, to the account holder for withdrawing money. (refer figure 4.3) The depositor writes the name of the party to whom payment is to be made after the words Pay printed on the cheque. Cheque 2024-25Read More
|
82 videos|161 docs|42 tests
|
FAQs on NCERT Textbook - Recording of Transactions-II - Accountancy Class 11 - Commerce
| 1. What is the purpose of recording transactions in an organization? |  |
Ans. Recording transactions in an organization serves several purposes. Firstly, it helps in maintaining an accurate and systematic record of all financial activities, ensuring transparency and accountability. Secondly, it enables the organization to track its income, expenses, assets, and liabilities, providing a clear picture of its financial position. Additionally, recording transactions facilitates the preparation of financial statements such as the balance sheet, income statement, and cash flow statement, which are crucial for decision-making, analysis, and reporting.
| 2. What are the different methods of recording transactions? | |
Ans. There are several methods of recording transactions. The most commonly used methods include the Single Entry System and the Double Entry System. In the Single Entry System, only one aspect of a transaction is recorded, usually the cash aspect. This method is simpler and typically used by small businesses. On the other hand, the Double Entry System records both the debit and credit aspects of a transaction, ensuring that the accounting equation (Assets = Liabilities + Equity) remains balanced. This method is more comprehensive and widely used by larger organizations.
| 3. Can you provide an example of recording a transaction using the Double Entry System? | |
Ans. Let's consider an example of a retail store purchasing inventory worth $1,000 in cash. In the Double Entry System, this transaction would be recorded as follows:
Debit: Inventory (Asset) - $1,000
Credit: Cash (Asset) - $1,000
Here, the inventory account is debited (increased) by $1,000, representing the increase in assets. Simultaneously, the cash account is credited (decreased) by $1,000, reflecting the decrease in assets. This ensures that the accounting equation remains balanced.
| 4. What is the importance of maintaining accurate records while recording transactions? | |
Ans. Maintaining accurate records while recording transactions is essential for various reasons. Firstly, it ensures compliance with legal and regulatory requirements, such as tax laws and financial reporting standards. Accurate records also facilitate efficient and timely audits, enabling the organization to demonstrate transparency and integrity in its financial operations. Additionally, accurate records provide a reliable basis for decision-making, financial analysis, and planning. They enable the identification of trends, patterns, and potential areas of improvement, contributing to the organization's overall success.
| 5. What are the potential consequences of not recording transactions accurately? | |
Ans. Failing to record transactions accurately can lead to severe consequences for an organization. Firstly, it can result in financial misstatements, making it difficult to assess the true financial position and performance of the organization. This can mislead stakeholders, including investors, creditors, and management, leading to incorrect decisions and potential financial losses. Inaccurate recording of transactions can also result in non-compliance with legal and regulatory requirements, leading to penalties, fines, and legal issues. Moreover, it can damage the organization's reputation and credibility, affecting its relationships with stakeholders and overall business operations.
About this Document
|
5.4K Views |
|
4.93/5 Rating |
|
Nov 21, 2024 Last updated |
Document Description: NCERT Textbook - Recording of Transactions-II for Commerce 2024 is part of Accountancy Class 11 preparation.
The notes and questions for NCERT Textbook - Recording of Transactions-II have been prepared according to the Commerce exam syllabus. Information about NCERT Textbook - Recording of Transactions-II covers topics
like and NCERT Textbook - Recording of Transactions-II Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for NCERT Textbook - Recording of Transactions-II.
Introduction of NCERT Textbook - Recording of Transactions-II in English is available as part of our Accountancy Class 11
for Commerce & NCERT Textbook - Recording of Transactions-II in Hindi for Accountancy Class 11 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: NCERT Textbook - Recording of Transactions-II | Accountancy Class 11 - Commerce
Description
Full syllabus notes, lecture & questions for NCERT Textbook - Recording of Transactions-II | Accountancy Class 11 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Accountancy Class 11 | Best notes, free PDF download
Information about NCERT Textbook - Recording of Transactions-II
In this doc you can find the meaning of NCERT Textbook - Recording of Transactions-II defined & explained in the simplest way possible. Besides explaining types of
NCERT Textbook - Recording of Transactions-II theory, EduRev gives you an ample number of questions to practice NCERT Textbook - Recording of Transactions-II tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
NCERT Textbook - Recording of Transactions-II | Accountancy Class 11 - Commerce
,Free
,Previous Year Questions with Solutions
,Semester Notes
,video lectures
,mock tests for examination
,ppt
,study material
,Summary
,shortcuts and tricks
,past year papers
,NCERT Textbook - Recording of Transactions-II | Accountancy Class 11 - Commerce
,Exam
,Objective type Questions
,NCERT Textbook - Recording of Transactions-II | Accountancy Class 11 - Commerce
,Sample Paper
,MCQs
,practice quizzes
,Important questions
,Extra Questions
,Viva Questions
;
Additional Information about NCERT Textbook - Recording of Transactions-II for Commerce Preparation
NCERT Textbook - Recording of Transactions-II Free PDF Download
The NCERT Textbook - Recording of Transactions-II is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the NCERT Textbook - Recording of Transactions-II now and kickstart your journey towards success in the Commerce exam.
Importance of NCERT Textbook - Recording of Transactions-II
The importance of NCERT Textbook - Recording of Transactions-II cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
NCERT Textbook - Recording of Transactions-II Notes
NCERT Textbook - Recording of Transactions-II Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to NCERT Textbook - Recording of Transactions-II.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, NCERT Textbook - Recording of Transactions-II Notes on EduRev are your ultimate resource for success.
NCERT Textbook - Recording of Transactions-II Commerce Questions
The "NCERT Textbook - Recording of Transactions-II Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study NCERT Textbook - Recording of Transactions-II on the App
Students of Commerce can study NCERT Textbook - Recording of Transactions-II alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the NCERT Textbook - Recording of Transactions-II,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of NCERT Textbook - Recording of Transactions-II is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup