An easy-to-follow course covering the entire syllabus of 11th Commerce Accounts!
This course will help you prepare for Elements of Accounts (Part 1 & Part 2) of 11th Commerce GSEB Syllabus.
Learning it for the first time or need to revise concepts at your own pace, place, and time. This is the only thing you need to finish Elements of Accounts (Part 1 & 2):
Elements of Accounts (Part 1)
+ Chapter 1: Theory, Concepts and Terminologies
+ Chapter 2: Dual effects of transactions
+ Chapter 3: Journal Entries
+ Chapter 4: Accounting Equations
+ Chapter 5: Subsidiary Books
+ Chapter 6: Cash Book
+ Chapter 7: Journal Proper
+ Chapter 8: Ledger Posting
+ Chapter 9: Coming Soon!
+ Chapter 10: Bank Reconciliation Statement
Elements of Accounts (Part 2)
+ Chapter 1: Rectification of Errors
+ Chapter 2: Depreciation
+ Chapter 3: Reserves and Provisions
+ Chapter 4: Bills of exchange
+ Chapter 5: Final Accounts
+ Chapter 6: Accounting Concepts
+ Chapter 7: Coming Soon!
+ Chapter 8: Deshi Nama System
+ Chapter 9: Non trading concern
+ Chapter 10: Accounts from incomplete records
+ Chapter 11: Coming Soon!
Learn from our classroom videos where we teach concepts at a pace where students understand properly. Unlike animated presentation style videos that look cool but break concentration and lead to confusion, our classroom videos work really well for learning and understanding each and every concept for your exams ahead, as these are lectures delivered in real classroom where students provide immediate feedback if a concept isn't clear, which helps us, the teachers, to explain the concept again, help students to really understand the difficult topics, and emphasize on important lessons that will be useful throughout your career and life in general.
Who are we?
Lead by a team of chartered accountants with a passion for education and teaching. We have been teaching and helping students get great results since the past 18 years and have been pioneering and developing innovative ways to help students learn across 18 different locations in Gujarat. This app and all the courses in it have worked for thousands of students for a decade now and this is a step towards making it really affordable, convenient, and available for everyone.
Why should you buy?
+ Get access to the best faculty at an extremely low cost compared to physical tuition which costs more than Rs. 15,000 to Rs. 20,000.
+ Over 70 hrs of classroom video lectures to help you understand each and every concept in detail.
+ Clear doubts anytime, get answers from our highly qualified faculty 24x7 right on your phones.
+ Revision will be very easy with our short notes, objectives, and quizzes.
+ Get daily tips, tricks, and motivations from our team of chartered accountants who have already experienced this journey and have helped hundreds of students succeed in the past.
If you are in 11th Commerce, let this be your one-stop-shop for Accounts (Part 1 & 2)!
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.
The final effect of every business transaction goes to the two components - (1) Capital and Liability, (2) Asset.
Subsidiary books are those books into which a journal is subdivided because of its limitations.
A cash book is a subsidiary book that is prepared to keep a record of cash transactions.
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.
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.