You can clear your doubts regarding the syllabus with these solutions. Revenue− It refers to the amount received from day to day activities of business, viz. These solutions are based on the latest CBSE Curriculum 2020-2021. The role of accounting in the modern world are given below. of accounting is ever changing. Distinguish between these two terms. Fixed Assets− These are those assets that are hold for the long term and increase the profit earning capacity and productive capacity of the business. Class 11 Maths Exemplar also provide an ample practice to know more about any chapter. Explain the factors, which necessitated systematic accounting. cash memos, bills, etc. These Chapter Wise NCERT Solutions for Class 11 Biology are available here with FREE of cost. keep a systematic record of all business transactions, To record-keeping activity; however, now-a-days, accounting is done with Balance Sheet− It depicts the true financial positions of a business that provides required information like assets and liabilities of a business firm, to the users of accounting information like owners, creditors, investors, government, etc. decision making, forecasting, comparison, and evaluation that make Business studies require you to memorize a lot of business laws and trade sanctions. Transactions are recorded in monetary terms− Only those transactions which can be expressed in monetary terms are recorded in the books. Business Studies is a subject that requires in-depth practical knowledge of concepts and the topics. Liquid Assets− Assets that are kept either in cash or cash equivalents are regarded as liquid assets. Ask your doubts related to NIOS or CBSE Board and share your knowledge with your friends and other users through Discussion Forum. Thus, in other words the only difference between profit and gain is that profit is the excess of revenue over expense and gain arises from other than operating transactions. View NCERT Solutions for all chapters of Class 13, FREE Downloadable NCERT Solutions.Works without internet, TS Grewal Solutions for Class 12 Commerce, TS Grewal Solutions for Class 11 Commerce, Homework Questions for Class 11 Humanities, Homework Questions for Class 12 Humanities, CBSE Class 10 Board Paper Solutions for Math, CBSE Class 10 Board Paper Solutions for Science, CBSE Class 10 Board Paper Solutions for Social Science, CBSE Class 10 Board Paper Solutions for English, CBSE Class 10 Board Paper Solutions for Hindi, CBSE Class 12 Science Board Paper Solutions for Math, CBSE Class 12 Science Board Paper Solutions for Physics, CBSE Class 12 Science Board Paper Solutions for Chemistry, CBSE Class 12 Science Board Paper Solutions for Biology, CBSE Class 12 Commerce Board Paper Solutions for Economics, CBSE Class 12 Commerce Board Paper Solutions for Accountancy, CBSE Class 12 Commerce Board Paper Solutions for Business Studies, CBSE Class 12 Commerce Board Paper Solutions for Math, CBSE Class 12 Humanities Board Paper Solutions for English. They do not have direct These exercises contains the basic questions of differentiation. 11th Physics, Chemistry, Biology, Business Studies, Economics, History, Physical Education, etc. subjects will be available in Hindi as well as English medium for free download in PDF format. They represent loss or expense that are written off over a period of time, for example, if advertisement expenditure is Rs 1,00,000 for 5 years, then each year Rs 2,00,000 will be written off. External The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. You can learn about the important topics such as Arithmetic Progressions (AP), Geometric Progressions (GP), the relation between A.M. and G.M, and formulae for the special series sums & many more. Accounting Expenses− Expenses are those costs that are incurred to maintain the profitability of business, likerent, wages, depreciation, interest, salaries, etc. Enter your GTS-XXXXX below to start learning! If you are you confused after going through the CBSE Class 11 physical education Syllabus, then no need to take stress, just get here FREE Chapter Wise NCERT Solutions for Class 11 Physical Education.

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