3 Review(s)

Accountancy Part II (CBSE Class XI, 2025–26) - Understand purpose and importance of financial statements — Trading Account, Profit & Loss Account, and Balance Sheet.Distinguish between revenue vs capital receipts and expenditures, and deferred revenue expenditure. NCERT, this content aligns directly with their Chapters on “Financial Statements of Sole Proprietorship” and “Accounts from Incomplete Records.” You’ll find clear guidance and example problems in the NCERT Class XI Accountancy Part II book