DK Goel Solutions for Class 11 Accountancy

DK Goel Solutions for Class 11 Accountancy

Students first come across Accountancy in Class 11. They would either find it simple or complex and it all relies upon how they comprehend the concepts. Learning the basics is certainly necessary and the best method to study smart is by learning from textbook solutions which are explained and solved chapter-wise. We at BYJU’S provide DK Goel Solutions for CBSE Class 11 Accountancy to assist students to comprehend all the theories in particular. There are numerous concepts in Accountancy, but the concept of Trial Balance, Depreciation and Bank Reconciliation Statement (BRS) is required.

DK Goel Textbook Solutions are outlined by subject matter experts. These model solutions involve comprehensive, step-by-step solutions to all questions in the DK Goel textbook for Accountancy. They help as a priceless benefit to students while completing their homework or while studying for their exams.

Why should the students consider learning from DK Goel Solutions Class 11?

  • Solutions are outlined by subject experts
  • Certain answers and cover all the topics
  • Solved chapter-wise
  • According to the advanced CBSE syllabus
  • Highlight concepts that are necessary for the exam
  • Easy to learn all the concepts
  • Complete answers for each question
  • Available free of cost

DK Goel Accountancy Class 11 Solutions:

DK Goel Double Entry Book Keeping Class 11 Solutions: Financial Accounting

Chapter 1 Meaning and Objectives of Accounting
Chapter 2 Basic Accounting Terms
Chapter 3 Accounting Principles
Chapter 4 Process and Bases of Accounting
Chapter 5 Accounting Standards and International Financial Reporting Standards (IFRS)
Chapter 6 Accounting Equations
Chapter 7 Double Entry System
Chapter 8 Origin of Transactions: Source Documents of Accountancy
Chapter 9 Books of Original Entry – Journal
Chapter 10 Accounting for Goods and Service Tax (GST)
Chapter 11 Books of Original Entry – Cash Book
Chapter 12 Books of Original Entry – Special Purpose Subsidiary Books
Chapter 13 Ledger
Chapter 14 Trial Balance and Errors
Chapter 15 Bank Reconciliation Statement
Chapter 16 Depreciation
Chapter 17 Provisions and Reserves
Chapter 18 Bills of Exchange
Chapter 19 Rectification of Errors
Chapter 20 Capital and Revenue
Chapter 21 Financial Statements
Chapter 22 Financial Statements – With Adjustments
Chapter 23 Accounts from Incomplete Records
Chapter 24 Introduction to Computers
Chapter 25 Introduction to Accounting Information System
Chapter 26 Computerised Accounting System
Chapter 27 Accounting Software package: Tally

How to Prepare for Accountancy Class 11?

In commerce, accountancy is a subject that has both solutions as well as theory topics. Students should follow five necessary steps to prepare for accountancy class 11.

  • Understand the concept – It is essential to understand the meaning, definitions, and examples of each concept to have a strong base.
  • Solve solutions – Once the concept is understood, students can start with solving simple equations.
  • Practice questions for every chapter – After getting a basic knowledge about the concept, start solving practice equations and problems printed at the end of each chapter. 
  • Work on past year’s question paper – This will give students an idea about the questions pattern in board exams. Apart from the question paper format, students can have a better idea of:
    • Topics covered in the question paper
    • Distribution of marks
    • Commonly asked questions
  • Solve sample papers – Only working on the previous year’s paper is not enough to score good marks. It is equally important to solve sample papers as it will give guidance and updates on:
    • Variation in question paper pattern
    • Expected question
    • Ways to answer question
    • Change in answer format

Also Check: DK Goel Solutions for Class 11 Accountancy

Tips for Preparing Accountancy

The following tips will help students to prepare for accountancy.

  • Understand every concept to have a strong base
  • Solve problems every day 
  • Be alert on how much time you should devote in each concept 
  • Spend at least 15 minutes scanning question ans sample papers before you start solving the paper
  • Solve sample papers once or twice a week 
  • Understand throughly the basic accounting rules
  • Maintain small notes for each concept

These steps will help students prepare the subject properly with the correct answer and give students a fair idea about how to maintain confidence, manage time, and work efficiently.

Stay tuned to BYJU’S for more DK Goel solutions, question papers, sample papers, syllabus and Commerce notifications.

Additional Reading: What is Entrepreneurship?

1 Comment

  1. thanks for giving solution

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