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NCERT Book Class 11 Accountancy - Accountancy Part 2 PDF

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Last updated date: 25th Apr 2024
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CBSE Class 11 NCERT Books for Accountancy - Accountancy Part 2 PDF Free Download

NCERT books are undoubtedly the best study materials for all the CBSE students of Class 11. These books are curated by experienced teachers and experts who have years of experience in their respective fields. These are written in a concise and easy-to-understand format so that students of every IQ level can understand these books very easily. That’s how they will be able to build strong fundamentals and gain deep insights regarding the subject. 


These textbooks are the backbone for students of each standard, be it elementary or be it secondary. These books help the student in preparation for various competitive exams as well such as JEE Main, JEE Advanced, NEET etc. Besides the hard copy, the NCERT books free PDF download are available online, which can be referred by the students or anyone for relevant use. 


NCERT Books for Class 11 Accountancy - Accountancy Part 2 PDF free PDF can be easily downloaded both from the website of Vedantu and its mobile application for absolutely free.

Importance of the NCERT Books

NCERT books are considered as the backbone of every CBSE student, starting from elementary to senior secondary level students. These books are designed by highly experienced and dedicated teachers/ subject matter experts from the relevant field. Apart from the basic concept of every chapter given in the Class 11 Accountancy Accountancy Part 2 syllabus, NCERT book contains questions, images and step by step explanation of everything.

While every student keeps a hard copy, NCERT books for Class 11 Accountancy  Accountancy Part 2 PDF are available for free to download from the website of  Vedantu and its mobile application. Students or anyone in need of the book can refer to e-copy anytime.

Introduction to Accountancy in CBSE Class 11

Accountancy as a subject deals with calculation, loans, transactions and things related to computing and commerce. This subject needs a lot of conceptual understanding and regular practice. To make the process smoother, students are advised to download the soft copy of the chapters from the official page of NCERT. This will help them in understanding the concepts at their own pace and they will be eventually able to muster the subject with regular practice. Students are advised to go through the chapters thoroughly to understand the basic idea of the calculation and then to apply the same while solving questions. This will help them to go about with the question in a systematic manner and to ace the examination by the end of the preparation.

Accountancy of Class 11 has two parts and students can download both the parts absolutely free of cost and access them as per one’s convenience. Some of the important chapters contained in Part 2 of the subject are discussed below.

1. Financial Statement- I

  • Stakeholders and Their Information Requirements

  •  Distinction between Capital and Revenue

  •  Financial Statements

  • Trading and Profit and Loss Account

  • Operating Profit (EBIT)

  • Balance Sheet

  • Opening Entry

2. Financial Statement

  • Stakeholders and Their Information Requirements

  • Distinction between Capital and Revenue

  • Financial Statements

  • Trading and Profit and Loss Account

  • Operating Profit (EBIT)

  • Balance Sheet

  • Opening Entry

3. Accounts From Incomplete Records

  • Meaning of Incomplete Records

  • Reasons of Incompleteness and its Limitations

  • Ascertainment of Profit and Loss

  • Preparing Trading and Profit and Loss Account and the Balance Sheet

4. Applications of Computers in Accounting

  • Meaning and Elements of Computer System

  • Capabilities of Computer System

  • Limitations of a Computer System

  • Components of Computer

  • Evolution of Computerised Accounting

  • Features of Computerised Accounting System

  • Management Information System and Accounting Information System

5. Computerised Accounting System

  • Concept of Computerised Accounting System

  • Comparison between Manual and Computerised Accounting

  • Advantages of Computerised Accounting System

  • Limitations of Computerised Accounting System

  • Sourcing of Accounting Software

  • Generic Considerations before Sourcing an Accounting Software

6. Structuring Database for Accounting

  • Data Processing Cycle

  • Designing Database for Accounting

  •  Entity Relationship (ER) Model

  • Database Technology

  • An Illustration of Accounting Database

  • Relational Data Model

  • Relational Databases and Schemas

  • Constraints and Database Schemas

  • Operations and Constraint Violations

  •  Designing Relational Database Schema

  •  Illustrating the Database Structure for Example Realities

  •  Interacting with Databases

7. Accounting System Using Database Management System

  • MS Access and its Components

  •  Creating Tables and Relationships for Accounting Database

  • Vouchers Using Forms

  • Information Using Queries

  • Generating Accounting Reports

These chapters can be easily understood by the students once they get hold of NCERT books. Having a good grip on these chapters  will enable them to widen their knowledge once they are promoted to class 12 and also ace the examination at an early stage.

Other Free CBSE Class 11 Accountancy Study Material

Other Free Study CBSE Material for Class 11

FAQs on NCERT Book Class 11 Accountancy - Accountancy Part 2 PDF

1. How to have a good hold of Accountancy?

Students can have a good hold on the subject if they make a timetable and strictly follow it. After completing the chapter, students are advised to go through the questions provided at the back of each chapter to be able to understand the subject entirely. One should also download the sample papers available online and try solving them to check their own progress. This is made easier with the help of Vedantu website or app as an online platform which helps in making students competent in every way possible.

2. Why should we solve sample papers provided by Vedantu?

Students are advised to solve sample papers provided by Vedantu on their website and mobile application to fully understand the framing of the questions and the marks division of all the questions. This will give them a thorough idea on how to answer a particular question or which topics need more focus on. Once done, they can try out on various reference materials and try framing the answers on their own. This will make them confident as well as efficient in problem-solving with an idea on various techniques to be applied while arriving at a solution.

3. How to prepare oneself for Class 12 examination?

Students who are at the verge of getting promoted to Class 12 should learn about all the nitty-gritty of the examination. If one can complete the syllabus of grade 11 and start on with plus II syllabus early, they can easily cover the entire syllabus in no time. This will also give them a lot of time for revision. As an important step of the preparation, students should get hold of the previous year questions and keep solving them as soon as one ends with a particular chapter. This will help them in knowing better about the subject as well as develop greater insights on the same.

4. What scope does Commerce as a stream have?

Students of Class 11 are given the opportunity to select their own stream. Many students who have an idea about the Commerce Stream, go for it since it has a huge scope once a student has completed their plus II level. Students can prepare for various competitive exams including Chartered Accountant, which is a highly reputed profession and can also sit for various banking and governmental jobs. They can also take up a doctoral degree if they wish to research on any particular subject from the Commerce stream. Selection of a stream is an important step and should be done after consultation with experienced people.

5. What help does the NCERT books provide?

The NCERT as a book prescribed by CBSE provides a lot of help to candidates who are willing to learn more. With a detailed approach and comprehensible language, they easily enable students to grasp the different concepts of the subject and prepare well for the examination. They also provide a number of questions at the end of the chapters to be solved by students as well as provide ample solved examples for students to understand the way of solving a particular equation. Solving these will definitely help them to ace the examination.

You can avail all the well-researched and good quality chapters, sample papers, syllabus on various topics from the website of Vedantu and its mobile application available on the play store.