Bills of Exchange Class 11 Notes
1) Bills of Exchange A Bill of Exchange is a written, negotiable instrument used in …
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Cash Book Class 11 Notes Accountancy
This book is used to record all transactions relating to cash receipts and cash payments. …
Journal Class 11 Notes Accountancy
The books in which a transaction is recorded for the first time from a source …
Special Purpose Subsidiary Books Class 11 Notes
Recording all transactions in one single journal would make accounting very complex. Therefore, the Journal …
Bank Reconciliation Statement Class 11 Notes
A Bank reconciliation statement is a statement prepared mainly to reconcile the difference between the …
Depreciation Class 11 Notes Accountancy
Depreciation refers to the decrease in the value of tangible fixed assets due to time …
Capital and Revenue Class 11 Notes
Capital and Revenue is one of the shortest chapter in Accountancy. Here are the Capital …
Provision and Reserves Class 11 Notes
Here are the Provision and Reserves class 11 notes. According to the Companies Act, the …
Trial Balance and Errors Class 11 Notes
Trial balance is a statement, prepared with the debit and credit balances of ledger accounts …
Goods and Services Tax Class 11 Notes
Goods and service tax is an indirect tax levied at a prescribed rate on every …