{"id":146625,"date":"2023-05-07T11:50:00","date_gmt":"2023-05-07T06:20:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=146625"},"modified":"2023-09-01T10:27:45","modified_gmt":"2023-09-01T04:57:45","slug":"dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/","title":{"rendered":"DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms (Updated For 2023)"},"content":{"rendered":"\n<p><img class=\"alignnone size-full wp-image-146991\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/11\/DK-Goel-Solutions-Class-11-Accountancy-Chapter-2-Basic-Accounting-Terms.jpg\" alt=\"DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/11\/DK-Goel-Solutions-Class-11-Accountancy-Chapter-2-Basic-Accounting-Terms.jpg 1200w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/11\/DK-Goel-Solutions-Class-11-Accountancy-Chapter-2-Basic-Accounting-Terms-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><strong>DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms: <\/strong>Looking for a good help guide for your Class 11 Accountancy, DK Goel Solutions Class 11 Accountancy Chapter 2 is a good option. Subject matter experts have designed the solutions of DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms in a detailed manner for your better understanding.<\/p>\n<p>Download the Free PDF of <a href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-class-11-accountancy-solutions\/\" target=\"_blank\" rel=\"noopener\">DK Goel Solutions Class 11 Accountancy<\/a> Chapter 2 Basic Accounting Terms using the link given in this blog. To know more, read the whole blog.&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69e032c2b42c6\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" 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href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/#very-short-questions\" title=\"Very Short Questions&nbsp;\">Very Short Questions&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/#higher-order-thinking-skills-hots-questions\" title=\"Higher Order Thinking Skills (HOTS) Questions\">Higher Order Thinking Skills (HOTS) Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/#value-based-questions\" title=\"Value-Based Questions\">Value-Based Questions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" 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href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/#can-i-access-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-pdf-offline\" title=\"Can I access the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF Offline?\">Can I access the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF Offline?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/#is-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-a-credible-source-for-class-11-accountancy-exam-preparation\" title=\"Is the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms a credible source for Class 11 Accountancy exam preparation?\">Is the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms a credible source for Class 11 Accountancy exam preparation?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"download-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-pdf\"><\/span>Download DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/11\/2ch.pdf\" target=\"_blank\" rel=\"noopener\">DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms<\/a><\/p>\n<div id=\"example1\" style=\"text-align: justify;\">&nbsp;<\/div>\n<p style=\"text-align: justify;\"><style>\n.pdfobject-container { height: 500px;}<br \/>\n.pdfobject { border: 1px solid #666; }<br \/>\n<\/style><\/p>\n<p style=\"text-align: justify;\"><script src=\"https:\/\/www.kopykitab.com\/_utility\/js\/pdfobject.min.js\"><\/script><br><script>PDFObject.embed(\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/11\/2ch.pdf\", \"#example1\");<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"access-solutions-of-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\"><\/span>Access Solutions Of DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"short-questions\"><\/span>Short Questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Question 1<\/strong><\/p>\n<p>Define basic accounting terms.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Basic accounting terms refer to the accounting terms that are used daily in the world of business.&nbsp;<\/p>\n<p><strong>Question 2<\/strong><\/p>\n<p>Give three examples of revenues.&nbsp;<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The&nbsp;three examples of revenues are<\/p>\n<p>(i) Amount received from the sale of goods<\/p>\n<p>(ii) Amount received from providing service to customers<\/p>\n<p>(iii) Receipts of commission, interest, rent, etc.&nbsp;<\/p>\n<p><strong>Question 3<\/strong><\/p>\n<p>Distinguish between profit and gain<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Profit is the excess of revenues over expenses during an accounting period. It is the result of business transactions that are regular whereas gain arises from events or transactions which are incidental to business such as a sale of a fixed asset or winning a lottery prize.&nbsp;<\/p>\n<p><strong>Question 4<\/strong><\/p>\n<p>Distinguish between fixed assets and current assets<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Fixed assets refer to those assets which are held for continued use in the business and are not meant for resale whereas current assets are either meant for sale or are expected to be converted into cash within one year.<\/p>\n<p><strong>Question 5<\/strong><\/p>\n<p>Distinguish between revenue expenditure and capital expenditure<\/p>\n<p><strong>Answer:&nbsp;<\/strong>If the benefit of expenditure is exhausted within a year, it is treated as revenue expenditure (also called expense). On the other hand, if the benefit of an expenditure lasts for more than a year it is treated as capital expenditure (also called an asset).<\/p>\n<p><strong>Question 6<\/strong><\/p>\n<p>Distinguish between expense and expenditure<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Expense is the cost incurred in producing and selling goods and services. Thus, it includes the cost of goods sold and the amount paid for salaries, rent, commission, etc. On the other hand, expenditure is a wider term that includes expense also. Expenditure is the amount spent on acquiring assets, goods, and services.&nbsp;<\/p>\n<p><strong>Question 7<\/strong><\/p>\n<p>Distinguish between expenses and losses.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>If the benefit of expenditure is exhausted within a year it is called expense, whereas, excess of expenses of a period over its related revenues is termed as a loss.&nbsp;<\/p>\n<p><strong>Question 8<\/strong><\/p>\n<p>Give two characteristics of a business transaction.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The two characteristics of a business transaction are.<\/p>\n<p>(i) It results in a change in the financial position of the firm,i.e. A change in the values of some of the assets, liabilities, or capital.<\/p>\n<p>(ii) The change must be capable of being expressed in terms of money.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"very-short-questions\"><\/span>Very Short Questions&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Question 1<\/strong><\/p>\n<p>What is Capital?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>It refers to the amount invested by the proprietor in a business enterprise. It can be expressed as Capital = Assets \u2013 External Liabilities<\/p>\n<p><strong>Question 2<\/strong><\/p>\n<p>What are Drawings?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Drawings refer to any cash or value of goods withdrawn by the owner for personal use.&nbsp;<\/p>\n<p><strong>Question 3<\/strong><\/p>\n<p>What are Liabilities?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>It refers to the amount which the firm owes to outsiders (expecting the amount owed to the proprietor).<\/p>\n<p><strong>Question 4<\/strong><\/p>\n<p>What are Assets?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Assets are valuable resources owned by a business enterprise that can be measured in terms of money.<\/p>\n<p><strong>Question 5<\/strong><\/p>\n<p>What are the Current Assets?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Current assets include cash and other assets which are expected to be converted into cash within a short period(normally within one year).<\/p>\n<p><strong>Question 6<\/strong><\/p>\n<p>Give two examples of current assets.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The&nbsp;two examples of current assets are cash and stock.<\/p>\n<p><strong>Question 7<\/strong><\/p>\n<p>Give two examples of tangible assets.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The&nbsp;two examples of tangible assets are land and building and stock<\/p>\n<p><strong>Question 8<\/strong><\/p>\n<p>Give two examples of intangible assets.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The&nbsp;two examples of intangible assets are goodwill and prepaid expense<\/p>\n<p><strong>Question 9<\/strong><\/p>\n<p>What are fictitious assets?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>These are the assets which cannot be realized in cash or no further benefit can be derived from those assets. Such assets include a debit balance of profit and loss A\/c and the expenditure not yet written off such as advertising expenses etc.&nbsp;<\/p>\n<p><strong>Question 10<\/strong><\/p>\n<p>What are the current liabilities?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Current liabilities refer to those liabilities which are to be paid shortly (normally within one year)&nbsp;<\/p>\n<p><strong>Question 11<\/strong><\/p>\n<p>Give two examples of current liabilities.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The two examples of current liabilities are creditors and bills payable.<\/p>\n<p><strong>Question 12<\/strong><\/p>\n<p>What are the internal liabilities?<\/p>\n<p><strong>Answer:<\/strong> All amounts that a business entity has to pay to the proprietor or owners are internal liabilities such as capital and accumulated profits.&nbsp;<\/p>\n<p><strong>Question 13<\/strong><\/p>\n<p>What is the expense?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Expense is the cost incurred in producing and selling goods and services.<\/p>\n<p><strong>Question 14<\/strong><\/p>\n<p>What is the revenue?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Revenue is the income of a recurring (regular) nature such as receipts from the sale of goods, rent, commission, etc.&nbsp;<\/p>\n<p><strong>Question 15<\/strong><\/p>\n<p>What is income?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Excess of revenue over expenses is called income. Income = Revenue \u2013 Expenses.<\/p>\n<p><strong>Question 16<\/strong><\/p>\n<p>What is a voucher?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>A voucher is a document based on which transactions are first recorded in the book.&nbsp;<\/p>\n<p><strong>Question 17<\/strong><\/p>\n<p>What is a trade discount?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>When a discount is allowed by a seller to its customers at a fixed percentage on the list or catalogue price of the goods it is called a trade discount. It is not recorded in the books of account.&nbsp;<\/p>\n<p><strong>Question 18<\/strong><\/p>\n<p>What is a cash discount?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>When a discount is allowed to the customers for making the prompt payment it is called a cash discount. It is always recorded in the books of account.&nbsp;<\/p>\n<p><strong>Question 19<\/strong><\/p>\n<p>What is meant by purchases?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The term purchases are used for buying goods for resale or use in the manufacturing process. The term purchases included both cash and credit purchase of goods.&nbsp;<\/p>\n<p><strong>Question 20<\/strong><\/p>\n<p>What is meant by sales?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The term sales is used for the amount of the sale of goods and services rendered. The term sales include both cash and credit sales.&nbsp;<\/p>\n<p><strong>Question 21<\/strong><\/p>\n<p>Define merchandise.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Merchandise means goods for sale.<\/p>\n<p><strong>Question 22<\/strong><\/p>\n<p>Profit is earned on the sale of a fixed asset. What should be the accounting treatment of this profit?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>It is a capital profit. Hence, it should be transferred to the capital reserve.<\/p>\n<p><strong>Question 23<\/strong><\/p>\n<p>Give two examples of revenue expenditure.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The&nbsp;two examples of revenue expenditure are the cost of goods sold and salary.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"higher-order-thinking-skills-hots-questions\"><\/span>Higher Order Thinking Skills (HOTS) Questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Question 1<\/strong><\/p>\n<p>Godrej Ltd. imported from Germany one piece of machinery for sale in India and other machinery for production purposes. Will you treat them as goods or fixed assets?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>The first machinery will be treated as goods, and the secondary machinery will be treated as a fixed asset.<\/p>\n<p><strong>Question 2<\/strong><\/p>\n<p>Mr Jaspal Singh dealing in electronic goods sold 10 TV sets costing \u20b930,000 each at \u20b940,000 each. Out of this \u20b9, 5,00,000 were received in cash and the balance is not yet received. State the amount of revenue.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Revenue will be \u20b98,00,000(i.e 20TV sets X \u20b940,000) Revenue is the amount either received or receivable from the sale of goods and services. Both cash sales and credit sales are included in revenue.&nbsp;<\/p>\n<p><strong>Question 3<\/strong><\/p>\n<p>Mr Dinanath who owed us \u20b950,000 became insolvent and paid only 40% of this amount. What is the term used for the amount not received?&nbsp;<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Bad debts.&nbsp;<\/p>\n<p><strong>Question 4<\/strong><\/p>\n<p>Explain a few basic accounting terms.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Few basic accounting terms are.<\/p>\n<ol>\n<li><strong>Business Transaction-&nbsp;<\/strong>Any economic activity that changes the financial position of a company is known as a business transaction. A few features of a business transaction are.<\/li>\n<\/ol>\n<ul style=\"list-style-type: disc;\">\n<li>It includes all the economic activities of a company. All goods or services that are purchased and sold for cash or credit, employee salaries, interest on borrowed money, etc, are a few examples of a business transactions.&nbsp;<\/li>\n<li>Transactions are divided into two parts, external and internal. External transactions are those transactions that are made between two businesses. Such as the purchase of goods and services. Internal are those economic activities that have taken place within the organization.&nbsp;<\/li>\n<li>This transaction changes the financial status of a company.<\/li>\n<li><strong>Events- <\/strong>An event is defined as the result of the outcomes of a transaction. Examples of events are. Rahul starts a business with a capital of \u20b95,00,000. He purchases products for \u20b94,00,000 for cash and sells 3\/4th of these goods for 3,80,000. He also pays \u20b920,000 as the rent of the godown. The following results can be outlined from the above transactions.<\/li>\n<li>\u20b95,00,000 of investment for the business<\/li>\n<li>Goods purchased \u20b94,00,000<\/li>\n<li>Cash sales \u20b93,80,000<\/li>\n<li>Godown payment \u20b920,000<\/li>\n<\/ul>\n<ol>\n<li><strong>Account- <\/strong>An account is a place where all the transactions of a person or a business are recorded. For each asset, liability, expense, or income separate account is maintained.&nbsp;<\/li>\n<li><strong>Capital-<\/strong>&nbsp;It is the total amount invested by the owner or proprietor in a business. This amount can be in the form of goods, assets, and cash, which is used in the purchase of goods and assets. Capital can be derived by&nbsp; Capital=Assets-Liabilities<\/li>\n<li><strong>Drawing-<\/strong> All the cash or cost of goods withdrawn by the owner for his\/her personal use is known as drawings<\/li>\n<li><strong>Liability-<\/strong> This particular amount is the amount that the company owes to the external or another firm. Liabilities can be expressed as&nbsp;Liabilities= Assets-Capital.<\/li>\n<li><strong>Assets- An asset<\/strong>&nbsp;is something that is owned by the company including the due amount from other companies or debtors.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"value-based-questions\"><\/span>Value-Based Questions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Question 1<\/strong><\/p>\n<p>What is the value involved in classifying the assets into current and non-current?<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Classification of assets into current and non-asset helps in ascertaining the liquidity position of the business entity. Non-current assets are held for continued use in the business whereas current assets are expected to be converted into cash within one year.&nbsp;<\/p>\n<p><strong>Question 2<\/strong><\/p>\n<p>Discuss the value involved in classifying the receipts into capital and revenue.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Classification of receipts into capital receipts and revenue receipts is essential for the preparation of financial statements since revenue receipts are shown on the credit side of trading and profit and loss account whereas capital receipts are shown on the balance sheet.&nbsp;<\/p>\n<p><strong>Question 3<\/strong><\/p>\n<p>Identify the value involved in classifying the expenditure into capital and revenue.<\/p>\n<p><strong>Answer:&nbsp;<\/strong>Financial statements cannot be prepared without classifying the expenditure into capital and revenue. Capital expenditure is written in the balance sheet whereas revenue expenditure is written on the debit side of trading or profit and loss account.&nbsp;<\/p>\n<p><strong>Question 4<\/strong><\/p>\n<p>What is the reason that the capital expenditure is shown on the balance sheet?<\/p>\n<p><strong>Answer: The amount<\/strong> spent on acquiring or erection of fixed assets is termed capital expenditure. Such expenditure is shown in the assets because it yields benefits over a long period.&nbsp;<\/p>\n<p>This is the complete blog on DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms. To know more about the <a href=\"https:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> Class 11 Accountancy exam, ask in the comments.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"faqs-on-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\"><\/span>FAQs on DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1635842027221\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how-many-short-questions-are-asked-in-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\"><\/span>How many short questions are asked in the DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>There are 8 questions asked in the DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1635842072445\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how-many-value-based-questions-are-asked-in-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\"><\/span>How many value-based questions are asked in the DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>There are 4 questions asked in the DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1635842120048\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"from-where-can-i-find-the-download-link-for-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-pdf\"><\/span>From where can I find the download link for the DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can find the download link of\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms in the above blog.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1635842131612\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how-much-does-it-cost-to-download-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-pdf\"><\/span>How much does it cost to download the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can download DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms for free.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1635842155040\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"can-i-access-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-pdf-offline\"><\/span>Can I access the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF Offline?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Once you have downloaded the DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms PDF online, you can access it offline whenever you want.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1635842167504\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"is-the-dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms-a-credible-source-for-class-11-accountancy-exam-preparation\"><\/span>Is the\u00a0DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms a credible source for Class 11 Accountancy exam preparation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, the solutions of DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms are prepared by the subject matter experts, hence credible.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms: Looking for a good help guide for your Class 11 Accountancy, DK Goel Solutions Class 11 Accountancy Chapter 2 is a good option. Subject matter experts have designed the solutions of DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms in a &#8230; <a title=\"DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms (Updated For 2023)\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/dk-goel-solutions-class-11-accountancy-chapter-2-basic-accounting-terms\/\" aria-label=\"More on DK Goel Solutions Class 11 Accountancy Chapter 2 Basic Accounting Terms (Updated For 2023)\">Read more<\/a><\/p>\n","protected":false},"author":243,"featured_media":146991,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[73410],"tags":[77624,77623,77625],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/146625"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/243"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=146625"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/146625\/revisions"}],"predecessor-version":[{"id":465542,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/146625\/revisions\/465542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/146991"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=146625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=146625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=146625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}