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About NEB Class 11 Account Notes Offline

Complete Guide and Notes Of NEB Class 11 Account .

PRINCIPLES OF ACCOUNTING LESSONS GUIDE .

It also helps them throughout the year in their study and revision.

Now you can study and prepare your NEB exam from your own mobile phone .

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies and tax collection entities.

This app contains :

Chapter 1 – Book-Keeping & Accounting Concept
Chapter 2 – Double Entry System
Chapter 3 – Subsidiary Book
Chapter 4 – Cash and Banking Transactions
Chapter 5 – Trial Balance and Accounting System
Chapter 6 – Capital and Revenue Concept
Chapter 7 – Depreciation
Chapter 8– Reserve and Provisions
Chapter 9 – Government Accounting
Chapter 10– Pretty Cash Book

Accounting Equation
Accounting Procedures – Rules of Debit and Credit
Origin of Transactions – Source Documents and Preparation of Voucher
Journal and Ledger
Cash Book
Bank Reconciliation Statement
Trial Balance
Depreciation
Accounting for Bills of Exchange
Rectification of Errors
Financial Statements of Sole Proprietorship
Adjustments in Preparation of Financial Statements
Accounts from Incomplete Records – Single Entry System
Financial Statements of Not-for-Profit Organisations

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Frequently Asked Questions(FAQ)

What does this app contain?

This app contains chapter-wise notes and lessons on various topics related to NEB Class 11 Account, including book-keeping, double entry system, subsidiary book, cash and banking transactions, trial balance, and more.

What is accounting?

Accounting is the systematic and comprehensive recording of financial transactions related to a business. It involves summarizing, analyzing, and reporting these transactions to oversight agencies and tax collection entities.

How can this app help students?

This app can help students throughout the year in their study and revision of NEB Class 11 Account. They can access the complete guide and notes from their own mobile phones.

What are some of the topics covered in this app?

Some of the topics covered in this app include accounting concepts, double entry system, subsidiary book, cash and banking transactions, trial balance, depreciation, government accounting, and more.

What are the benefits of studying NEB Class 11 Account?

Studying NEB Class 11 Account can provide students with a strong foundation in accounting principles and practices. It can also help them develop analytical and problem-solving skills that are valuable in various careers related to finance and business.

What is the accounting equation?

The accounting equation refers to the fundamental equation in accounting, which states that assets = liabilities + owner's equity. It represents the relationship between a company's resources, its obligations, and the owner's investment in the company.

What are the different accounting procedures covered in this app?

The app covers various accounting procedures, including the rules of debit and credit, the origin of transactions through source documents and voucher preparation, journal and ledger, cash book, bank reconciliation statement, and more.

What are the financial statements of a sole proprietorship?

The financial statements of a sole proprietorship include the income statement (also known as the profit and loss statement), the statement of owner's equity, and the balance sheet. These statements provide an overview of the financial performance and position of the sole proprietor's business.

What is the single entry system?

The single entry system is a method of bookkeeping where only one-sided entries are made for each transaction. It is typically used by small businesses and individuals who do not require complex accounting records.

What are the financial statements of not-for-profit organizations?

The financial statements of not-for-profit organizations include the statement of activities (similar to an income statement), the statement of financial position (similar to a balance sheet), and the statement of cash flows. These statements provide information about the organization's financial activities, resources, and cash flows.