DK Goel Class 11 Accountancy Solutions: Chapter 24 Overview

Commerce

DK Goel Class 11 Accountancy Solutions: Chapter 24 Overview

Class 11 DK Goel Solutions Chapter 24 - Introduction to Computers

The DK Goel Solutions Accountancy Class 11 Chapter 24 solutions work wonders to help the students of Class 11, especially the commerce students in solving in-depth questions and understanding the concepts of the chapters of Accountancy. The DK Goel Solutions Class 11 Accountancy solution Chapter 24 helps students to have knowledge of question patterns and to get through the basics of the chapter and solve independently. These questions are provided to students to go through the concepts and basics of the chapter and also assist in the preparation of revision notes. One may also download Class 11 Accounts solutions in pdf format.

DK Goel Solutions Class 11 Accountancy Chapter 24 - Free PDF Download

Introduction to Computers:

A computer is a device that is well known to work as a data processor that can perform substantial computations including numerous arithmetic and logical operations. It is an automatic electronic machine for performing calculations. In other words, a computer is a device capable of resolving the issues by accepting the data, performing the predefined operations on the data and supplying the outcomes of these operations.’

The key components of the Computer system are as follows:

Keyboard: A keyboard is a device that is used for the input of information including letters, words and numbers into your computer. You can press the individual buttons on the keyboard when you type to provide and feed information to the computer. The number keys across the top of the keyboard are also found on the right of the keyboard. The letter keys are in the centre of the keyboard.

Monitor: A computer monitor is an output device that displays information in pictorial or text form. A computer monitor usually comprises a visual display, some circuitry, a casing, and a power supply. Previous monitors used a cathode ray tube (CRT) and some Plasma (also called Gas-Plasma) displays.

C.P.U.: The full form stands for the computer's central processing unit. It is the portion of a computer that retrieves and executes instructions. It is essentially the brain of a CAD system. It consists of an arithmetic and logic unit (ALU), a control unit, and various registers. The CPU is often simply referred to as the processor.

Magnetic Recorder: A magnetic tape recorder is used to record data that can be retrieved and reproduced in the electrical form again. This recorder can record signals of high frequency.

Role of Computers in Accounting:

Due to globalization, there is a need to expand the business to a large scale, which leads to the need to record, summarize, and present an accounting system.

Customer Relationship Management (CRM)

Inventory Management

Supply Chain Management

FAQs on DK Goel Class 11 Accountancy Solutions: Chapter 24 Overview

1. Are DK Goel Solutions Class 11 Accountancy Chapter 24 good to score well in exams?

Yes, by practising DK Goel Solutions Class 11 Accountancy Chapter 24, students will be able to learn more and more of the subject and score better in the class eleventh examination. This is because, when students practice the worksheets, they learn about all the concepts of the subjects in depth. So they are well prepared for the examination. All of this will help students exceptionally to perform well in their exams.

2. Where can you find the DK Goel solutions for Chapter 24 - Introduction to Computers?

You can find it easily on the Vedantu site by clicking on the following link:

On the Vedantu site, Students easily get to introduce this vast stream in class 11. Students can easily get through all the basic concepts of the chapter and easily answer the questions asked. Vedantu provides Dk Goel solutions for Class 11 accountancy in free pdf format. All the students have access to all solutions which assists them in solving questions independently. Vedantu offers ease in solving questions by giving solutions easily and understandably by providing exemplar solutions.

3. Are there any preparation tips for Dk Goel Accountancy Class 11?

Yes, the following are the preparation Tips for Dk Goel Accountancy Class 11:

You can prepare for the definitions and understand the concept of the required explanation.

You need to understand the logic and reasoning behind the explanation of solutions, which ensures understanding of the concept well.

You do not need to cram up any of the formulas in the chapter if provided.

Students can make notes of the chapter, it is useful in having an overview of the chapter during revision time.

4. What do students get to learn from the chapters of Class 11 Accountancy?

In the syllabus of CBSE Class 11, Accountancy subject is comprised of a total of 15 chapters, i.e. Introduction to Accounting, Theory Base of Accounting, Recording of Transaction - I, Recording of Transaction - II, Bank Reconciliation Statement, Trial Balance and Rectification of Errors, Depreciation, Provision, and Reserves, Bill of Exchange, Financial Statements - I, Financial Statements – II, Accounts from Incomplete Records, Applications of Computers in Accounting, Computerised Accounting System, Structuring Database for Accounting, Accounting System Using Database Management System.

5. Is the Accountancy subject important for students to score well in examinations?

Yes, it is important for every Class 11 Commerce student. It is a very significant subject as it helps you understand the need for the theory base of Accounting. It also helps you to know the Accounting Standards set by the Institute of Chartered Accountants of India (ICAI) and understand the basic accounting concepts and their definitions. You will also learn to describe the basis and the underlying system of Accounting. It is the most important and scoring subject in the examinations.