An easy-to-follow course covering the entire syllabus of 11th Commerce Accounts!
Practical Subjects: Accounts (Part 1 & 2) and Statistics at your fingertips!
The final effect of every business transaction goes to the two components - (1) Capital and Liability, (2) Asset.
Bank reconciliation statement is a statement prepared to explain the reasons of difference between balance as per cashbook and passbook.
Accounting is an art of recording, classifying and summarizing transactions and events and interpreting the results thereof.
As and when business transactions take place, two effects emerge from them. In this course we study these effects, and more!
The word 'Journal' is derived from the French word 'Jour', which means day! A journal is a note or a diary.
Journal proper is a subsidiary book in which the transactions which are not recorded in any other subsidiary book are recorded.
Let's learn how to prepare ledger accounts from a journal and the subsidiary books and also how to find balance in ledger accounts.
After covering the Basics of Accounts, we now move on to some more important concepts of Accounts.
Small traders do not maintain complete accounts as in double entry system. Instead they keep accounts or books with incomplete records.
The errors affecting trial balance must be detected and rectified in order to reveal a true picture of business.
"Depreciation maybe defined as a measure of the exhaustion of the effective life of an asset, due to any cause, during a given period."
In this course we learn the meaning and importance of reserves and provisions, along with other important concepts.
What is a bill of exchange? How is it used? Who are the parties involved? In this course we find the answers to these, and more.
Final accounts are prepared at the end of the accounting year to know the result and financial position of the business.
Just like a language has certain rules of grammar, certain principles are used in the language of accounting to understand it better.
Deshi nama system is a very old system, derived and adopted in the Indian subcontinent, to write accounts.
Non-trading concerns are those which do not have the aim to generate profit, but instead focus on social service or cultural activities.
This Chapter deals with basics of Economics and presentation of information through graphs.
This chapter explains on several concepts and fundamentals used in economics.
This is a basic chapter explaining business, profession, employment, trade, commerce and industry.
This chapter will clear concepts of Insurance, warehouse and transportation.
This chapter is about other big forms of business organisation
This chapter explains about communication, internet and e-commerce.
This course brings to you all 9 chapters of 11th Commerce Statistics under one roof!
Permutation, Combination & Binomial Expansion are very important concept and will be useful in further studies as well
"Statistics is the science which deals with the collection, analysis, and interpretation of numerical data."
Statistics are measurements or estimates of natural or social phenomenon, usually systematically arranged, analysed and presented.
"Statistics may rightly be called a science of averages." - Sir A.L. Bowley
"Measures of skewness indicates the tendency of the group to depart from symmetry." - Connor
An easy-to-follow course covering the entire syllabus of 12th Commerce Accounts!
Practical Subjects: Accounts (Part 1 & 2) and Statistics (Part 1 & 2) at your fingertips
With all courses of Accounts, Statistics, and Economics, this collection is all you need for learning and revising for the exam.
Elements of Accounts (Part 1) is the basis for your success in 12th Commerce board exams!
A partnership is a single business in which two or more people share ownership.
Similar to the sole proprietor, the partnership firm also prepares its final accounts from the trial balance.
In this course, we discuss the change in profit and loss sharing ratio or distribution ratio between the existing partners in detail.
When a partner is admitted to the existing partnership firm, it is called admission of a partner.
What is retirement? What are the circumstances of retirement of a partner? Find the answers to these questions and test your knowledge too!
After learning the various aspects of Partnership and goodwill, we now dive into some more exciting concepts with Accounts Part 2!
What are debentures? How are they classified? Learn this and much more in this course on debentures!
In this course we shall learn the preparation of balance sheet and statement of profit and loss of company as per Companies Act, 2013.
This Chapter is of 4 Marks in Board Exam. 1 Mark - Answer in one Sentence, 4 Mark Answer is Short - Sum is Expected
"The relationship between two accounting figures, expressed mathematically, is known as financial ratio."
Economic development and prosperity and its related aspects like (1) Migration (2) Urbanisation and (3) Infrastructural Services.
What are graphs? For what different purposes are they used in Economics?
This chapter explains about indicators of growth and development of a nation.
Meaning and evolution of banks, Classification (Major Types) of Banks, and Monetary Policy.
From the meaning of poverty to the measures for reducing it, this course covers various aspects of the concept of poverty.
In common parlance, unemployment is a situation were a person is willing to work but doesn't get work.
Trends of population in India includes, size of population, population growth rate, birth-rate, death-rate, rural-urban population and more.
12th Organisation of Commerce & Management: Video Lectures, expert faculty!
This Chapter is all about Human resource and its importance in an organization.
This chapter helps deal with direction, leadership, motivation and communication.
Video Lectures, objectives, & more. Learn & Revise Statistics (Part 1) from the comfort of your phone!
In this course we explore the characteristics, uses and importance of Index Numbers. It is 12 marks in Board Exam. 1+1+2+3+5=12 Marks
Let's understand the relationship between two mutually related variables.
'Time Series' refers to the statistical data collected at specific intervals of time and arranged in a chronological order.
Video Lectures, objectives, & more. Learn & Revise Statistics (Part 2) from the comfort of your phone!
Let's learn about random variables and types of Probability Distribution!
Normal Distribution is the father of all probability distributions. For larger sample size almost all theoretical distributions follow it.
Final Accounts of Sole Proprietorship and Partnership Firm
2 PRACTICAL & 3 THEORY Subjects - SEMESTER 3 & SEMESTER 4 Both Included
3 PRACTICAL & 3 THEORY Subjects - SEMESTER 3 & SEMESTER 4 Both Included
3 PRACTICAL Subjects - SEMESTER 3 & SEMESTER 4 Both Included
Unit-3 Preparation of Cost Sheet Accounting Records
History, background, basic concepts and terms of income tax
Unit-3 Taxation of Income under the Head 'House Property'
Unit-3 Placement, Induction, Internal Mobility & Separation
Unit-3 Management of Change & Learning Organization
2 PRACTICAL & 3 THEORY Subjects - SEMESTER 5 & SEMESTER 6 Both Included
INTERNAL CHECK, INTERNAL CONTROL & INTERNAL AUDIT
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