NCERT Accountancy Financial Accounting Part I Textbook for Class XI

NCERT Accountancy Financial Accounting Part I Textbook for Class XI

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CONTENTS FOREWORD Chapter 1 1.1 1.2 1.3 1.4
iii
Introduction to Accounting Meaning of Accounting Accounting as a Source of Information Objectives of Accounting Role of Accounting
1 2 6 10 13
Basic Terms in Accounting
14
Theory Base of Accounting
22
2.1 2.2 2.3 2.4
Generally Accepted Accounting Principles GAAP Basic Accounting Concepts Systems of Accounting Basis of Accounting
23 24 33 34
2.5
Accounting Standards
35