Get free, checked NCERT Solutions for Class 11 Accountancy, ready for 2026-27. Our teachers wrote clear, step-by-step answers to help you learn key ideas and score well in your 2026 school tests.
Key Features of Our Class 11 Accountancy Solutions
- Nothing skipped: all chapter-end questions are solved here, start to finish.
- Matches the syllabus: solved as per the latest 2026-27 NCERT textbook, for Class 11 Accountancy.
- Simple steps: even tricky Accountancy problems are explained in a way that's easy to follow.
- Marks in mind: these answers follow the official marking style, so you know how to write well in 2026.
Class 11 Accountancy Solutions, Chapter by Chapter (2026-27)
Click the chapter links below to view or download the full NCERT solutions for Class 11 Accountancy. Pick any chapter to begin getting ready for your 2026 exams.
| Chapter 01 Introduction to Accounting NCERT Solutions |
| Chapter 02 Theory Base of Accounting NCERT Solutions |
| Chapter 03 Recording of Transactions 1 NCERT Solutions |
| Chapter 04 Recording of Transactions 2 NCERT Solutions |
| Chapter 05 Bank Reconciliation Statement NCERT Solutions |
| Chapter 06 Trial Balance and Rectification of Errors NCERT Solutions |
| Chapter 07 Depreciation Provisions and Reserves NCERT Solutions |
| Chapter 08 Bills of Exchange NCERT Solutions |
Free study material for Accountancy
Class 11 Accountancy - Marks Weightage (2026-27)
Official CBSE unit-wise weightage for the 80-mark theory paper, plus 20 marks for project work/assessment. Source: CBSE Curriculum.
| Units - Accountancy Syllabus Units | Marks |
|---|---|
| Theoretical Framework & Introduction (Ch 1-2) | 12 |
| Accounting Process - Recording & Vouchers (Ch 3-4) | 40 |
| Bank Reconciliation Statement (Ch 5) | 10 |
| Units - Accountancy Syllabus Units | Marks |
|---|---|
| Trial Balance & Rectification of Errors (Ch 6) | 10 |
| Depreciation, Provisions and Reserves (Ch 7) | 08 |
| Theory Total | 80 |
The accounting process unit carries the highest weightage (50% of the paper), highlighting the importance of journalizing and ledger posting.
Core Unit Periods - Class 11 Accountancy
Teaching periods as per the NCERT syllabus guidelines for structured study planning.
Preview a Solved Question From Each Accountancy Chapter
Expand to see a key conceptual problem and solution preview, or jump directly to the chapter section above.
Chapter 01 Introduction to Accounting
Accounting is a systematic process of identifying, measuring, recording, classifying, summarizing, analyzing, and communicating financial information to users. Main objectives include maintaining systematic records, calculating profit or loss, assessing financial position, and providing information to decision-makers.
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Chapter 02 Theory Base of Accounting
The Going Concern Assumption presumes that the business enterprise will continue its operations for the foreseeable future and will not be liquidated or forced to scale down significantly.
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Chapter 03 Recording of Transactions-I
Debit all expenses and losses, and credit all incomes and gains.
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Chapter 04 Recording of Transactions-II
A Cash Book is a primary book of original entry used to record all cash receipts and cash payments. Common types include Single-column, Double-column (Cash and Bank), and Triple-column (Cash, Bank, and Discount) cash books.
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Chapter 05 Bank Reconciliation Statement
A BRS is prepared to reconcile the differences between the bank balance shown by the cash book and the passbook (bank statement) on a particular date, identifying timing differences and recording errors.
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Chapter 06 Trial Balance and Rectification of Errors
Errors of omission occur when a transaction is completely or partially forgotten to be recorded in the books of accounts (e.g., credit purchase from a supplier is neither recorded in purchase book nor credited to supplier's account).
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Chapter 07 Depreciation, Provisions and Reserves
Under **SLM**, depreciation is calculated as a fixed percentage of the original historical cost of the asset every year. Under **WDV**, depreciation is charged at a fixed percentage on the diminishing/book value of the asset each year.
Jump to Chapter 7 section
Part 1: Accountancy - Financial Accounting
Chapter - 1 Introduction to Accounting
In this chapter the main key concepts you will be reading are Meaning of Accounting, Accounting as a Source of Information, Objectives of Accounting, along with you will also learn about Role of Accounting, and Basic Terms in Accounting.
Chapter - 2 Theory Base of Accounting
In this chapter the main key concepts you will be reading are Generally Accepted Accounting Principles (GAAP), Basic Accounting Concepts, along with you will also learn about Systems of Accounting, Basis of Accounting, and Accounting Standards.
Chapter - 3 Recording of Transactions – I
In this chapter the main key concepts you will be reading are Business Transactions and Source Document, Accounting Equation, along with you will also learn about Using Debit and Credit, Books of Original Entry, the Ledger, Posting from Journal.
Chapter - 4 Recording of Transactions - II
In this chapter the main key concepts you will be reading are Cash Book, Purchases (Journal) Book, Purchases Return (Journal) Book, Sales (Journal) Book, Sales Return (Journal) Book, along with you will also learn about Journal Proper, Balancing the Accounts.
Chapter - 5 Bank Reconciliation Statement
In this chapter the main key concepts you will be reading are Need for Reconciliation, along with you will also learn about Preparation of Bank Reconciliation Statement.
Chapter - 6 Trial Balance and Rectification of Errors
In this chapter the main key concepts you will be reading are Meaning of Trial Balance, Objectives of Preparing the Trial Balance, Preparation of Trial Balance, along with you will also learn about Significance of Agreement of Trial Balance, Searching of Errors, Rectification of Errors.
Chapter - 7 Depreciation, Provisions and Reserves
In this chapter the main key concepts you will be reading are Depreciation, Depreciation and other Similar Terms, Causes of Depreciation, Need for Depreciation, Factors Affecting the Amount of Depreciation, Methods of Calculating Depreciation Amount, Straight Line Method and Written Down Method: A Comparative Analysis, along with you will also learn about Methods of Recording Depreciation, Disposal of Asset, Effect of any Addition or Extension to the Existing Asset, Provisions, Reserves, Secret Reserve
Chapter - 8 Bill of Exchange
In this chapter the main key concepts you will be reading are Meaning of Bill of Exchange, Promissory Note, Advantages of bill of exchange, along with you will also learn about Maturity of Bill, Discounting of Bill, Endorsement of Bill, Accounting Treatment, Dishonour of a Bill, Renewal of the Bill, Retiring of the Bill.
Part 2: Accountancy - Not-For-Profit Organisation
Chapter - 1 Accounting for Share Capital
In this chapter the main key concepts you will be reading are Features of a Company, Kinds of Companies, Share Capital of a Company, along with you will also learn about Nature and Classes of Shares, Issue of Shares, Accounting Treatment, Forfeiture of Shares.
Chapter - 2 Issue and Redemption of Debentures
In this chapter the main key concepts you will be reading are Meaning of Debentures, Distinction between Shares and Debentures, Types of Debentures, Issue of Debentures, Over Subscription, Issue of Debentures for Consideration other than Cash, Issue of Debentures as a Collateral Security, along with you will also learn about Terms of Issue of Debentures, Interest on Debentures, Writing off Discount/Loss on Issue of Debentures, Redemption of Debentures, Redemption by Payment in Lump Sum, Redemption by Purchase in Open Market, Redemption by Conversion.
Chapter - 3 Financial Statements of a Company
In this chapter the main key concepts you will be reading are Meaning of Financial Statements, Nature of Financial Statements, Objectives of Financial Statements, Types of Financial Statements, along with you will also learn about Uses and Importance of Financial Statements, Limitations of Financial Statements.
Chapter - 4 Analysis of Financial Statements
In this chapter the main key concepts you will be reading are Meaning of Analysis of Financial Statements, Significance of Analysis of Financial Statements, Objectives of Analysis of Financial Statements, along with you will also learn about Tools of Analysis of Financial Statements, Comparative Statements, Common Size Statement, and Limitations of Financial Analysis.
Chapter - 5 Accounting Ratios
In this chapter the main key concepts you will be reading are Meaning of Accounting Ratios, Objectives of Ratio Analysis, Advantages of Ratio Analysis, Limitations of Ratio Analysis, along with you will also learn about Types of Ratios, Liquidity Ratios, Solvency Ratios, Activity (or Turnover) Ratio, Profitability Ratios.
Chapter - 6 Cash Flow Statement
In this chapter the main key concepts you will be reading are Objectives of Cash Flow Statement, Benefits of Cash Flow Statement, Cash and Cash Equivalents, Cash Flows, Classification of Activities for the Preparation of Cash Flow Statement, along with you will also learn about Ascertaining Cash Flow from Operating Activities, Ascertainment of Cash Flow from Investing and Financing Activities, Preparation of Cash Flow Statement.
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