Manipur State Board has published subject wise syllabus for this year Class 11 students in its official portal cohsem.nic.in Here we have published Class 11 COHSEM Syllabus 2024-25 for Accountancy subject. For more information regarding Council of Higher Secondary Education (COHSEM) Class 11 2024 Exam Date, Exam Pattern, Time, Date, How to prepare follow our website.
Board | Council Of Higher Secondary Education (COHSEM) |
Topic | Syllabus |
Subject | Accountancy |
How to download Manipur Class 11 Syllabus 2024-25 – Accountancy?
- Step 1: Open your browser
- Step 2: Type cohsem.nic.in
- Step 3: Go to the Syllabus link active on the left panel of the home page of the website (Syllabus for Classes XI – XII).
- Step 4: Click on Class 11 Syllabus link 2024
Class 11 Accountancy
Unit | Unitwise Weightage | Period | Marks |
Financial Accounting | |||
Unit 1 | Introduction of Accounting | 15 | 10 |
Unit 2 | Theory Base of Accounting | 18 | 10 |
Unit 3 | Recording of Transaction & Preparation of Trial Balance | 44 | 26 |
Unit 4 | Depreciation, Provisions and Reserves | 30 | 16 |
Unit 5 | Rectification of Errors | 17 | 10 |
Unit 6 | Financial Statements of Business Organisations | 46 | 28 |
Unit 7 | Project Report/Work (To be conducted by the institution) | 10 | 100 |
Financial Accounting
Unit-1: Introduction to Accounting:
(a) Accounting–Meaning, Objectives. Types of accounting information, advantages and limitations. Users of Accounting information and their needs. Double Entry system. Bases of Account – Cash basis, accrual basis and hybrid basis.
(b) Basic Accounting Terms – Business transaction, Account, Capital, Drawings, Liability – Internal and External, Asset – Current, Liquid, Fixed; Expense, Income, Profits, Losses, Purchases, Sales, Stock, Debtors, Bills Receivables, Creditors, Bills payables, Goods, Cost, Vouchers, Discount (Trade and Cash).
Unit-2: Theory Base of Accounting:
(a) Fundamental of Accounting Assumption – Going Concern, Consistency, Accrual.
(b) Accounting Principles – Accounting Entity, Money measurement, Accounting Period,
Full Disclosure, Materiality, Prudence, Cost Concept and Dual Aspect.
(c) Accounting Standards–Concept and objectives.
Unit 3: Recording of Transactions and preparation of Trial Balance
(a) Accounting Equation – Meaning, Analysis of transactions, Using Accounting Equation.
(b) Rules of Debit and Credit – For Assets, Liabilities, Capital, Revenue and Expenses.
(c) Origin of transactions – Source Documents – (Invoice, Cash memo, Pay in slip, Cheque),Preparation of vouchers – Cash (Debit and Credit), Non Cash (Transfer).
(d) Books of original Entry – Meaning, Format and Recording.
(e) Goods and Services Tax (GST) – Characteristics, Objectives and Accounting.
(f) Cash Book – Simple, Cash Book with Bank Column, Petty Cash Book.
(g) Other Books – Purchases Book, Sales Book, Purchases Returns Book, Sales Returns Book, Bills Receivable Book, Bills Payable Book and Journal Proper.
(h) Ledger – Meaning, Utility, Format, Posting from Journal, Cash book and other Special purpose Books, Balancing of Accounts.
(i) Trial Balance – Meaning, Objectives and preparation.
(j) Bank Reconciliation Statement – Meaning, Need and Preparation.
Unit 4: Depreciation, Provisions and Reserves
(a) Depreciation – Meaning, Need and factors affecting depreciation.
(b) Methods of Computation of Depreciation – Straight line Method, Written Down Value Method (Excluding Change in method).
(c) Accounting Treatment of Depreciation – By charging to Asset Account, by creating Provision for Depreciation/Accumulated Depreciation Account, preparation of Asset Disposal Account.
(d) Provisions and Reserves – Meaning, Objective and Difference between provisions and Reserves.
(e) Types of Reserves – Revenue Reserve, Capital Reserve, General Reserve, Specific Reserves, Secret Reserves.
Unit 5: Rectification of Errors
(a) Errors and theory types – Errors not affecting trial balance and Errors affecting trial balance.
(b) Rectification of errors before and after the preparation of financial statements.
(c) Suspense Account – Meaning, Preparation and treatment of suspense account balance in final statements.
Unit 6: Financial Statement of Business Organisations
(a) Financial Statements – Meaning, Objective and Importance.
(b) Trading and Profit and Loss Account – Gross Profit, Operating Profit and Net Profit.
(c) Balance Sheet – Need, Grouping, Marshalling of Assets and Liabilities.
(d) Adjustments in preparation of Financial Statements – with respect to closing stock, outstanding expenses, prepaid expenses, accrued income, income received in advance, depreciation, bad debts, provision for doubtful debts, provision for discount on debtors.
(e) Preparation of Trading and profit and Loss – Account and Balance Sheet of Sole proprietorship Concerns.
Unit 7: Project Work
(a) Collection of Source Documents, Preparation of Vouchers, Recording of Transactions with the help of vouchers.
(b) Preparation of Bank Reconciliation Statement with the help of given Cash Book and Pass Book.
(c) Preparation of the Final Account (Sole proprietorship) incorporating at least five or six items of adjustments.
Students are required to submit a project work/report on any one of projects given above under the guidance of one faculty members of the Commerce Department.
The report should be submitted by the student of the concerned teacher who guides the student. The report will be evaluated by the guide and the mark should be submitted to the Principal/HOD.
Marks may be suitably distributed over different parts of the project as under:
(a) Objectives
(b) Methodology
(c) Findings
(d) Suggestions
Format for Project Work –
– Problem details – Facts of the problem
– Required information.
– Steps to solve the problem.
– Solution and presentation of information.
– Analysis and interpretation of information.
Project file should be neatly handwritten and presentable, with page number marked. Each step of the solution needs to be highlighted. Conclusion should be given.
Design of Question Paper
Here on this page we have uploaded Accountancy subject syllabus 2024. You can download the complete syllabus from the link mentioned below: