Telangana Class 11 Syllabus 2024 Accountancy

TELANGANA STATE BOARD OF INTERMEDIATE EDUCATION: HYDERABAD

ANNUAL ACADEMIC PLAN 2023-24
COMMERCE & ACCOUNTANCY I YEAR
Month and Topics to be covered, Unit Tests, Periods
No. of Exams/ Assignments allotted for
Working each topic
Days
June
24 IPASE JUNE-2023 (12-062023 to 19-06-2023) 09

Commerce-Unit-I: Fundamentals of Business
Classification of human activities; economic and non–
economic–Types of economic activities; Business–
Profession and employment – concept – meaning– 03
features –objectives; corporate social responsibility of
business.
Business Activities: Concept of Commerce and
Industry–Types of Industry, Trade-Types of Trade, Aids 03
to trade–Inter relationship between industry, trade and
commerce

Accountancy : Unit I Introduction to Accounting:
Bookkeeping and Accounting–Introduction-Book
04
keeping-Accounting-Basic Accounting Terms
Accounting Principles: Accounting principles - GAAP-
Accounting Concepts and Conventions, Accounting 05
Standards
Assignment Test – I
July Accountancy : Unit I Introduction to Accounting:
23 Recording of Business Transactions: Concepts of
Voucher, preparation of vouchers - Accounting
equations-Basis of Accounting-System of accounting- 08
Meaning of Account-Classification of accounts-Rules of
Debit and Credit-Journal and Ledger-Illustrations and
problems.

Commerce Unit-II: Forms of Business
Organizations
Concept and meaning of business organization–forms 08
of business organization.
Sole Proprietorship:
Meaning and definitions-features
Joint Hindu Family Business: Meaning–Features
06
Co-operative societies: Meaning-definition-Features
Partnership Firm: Meaning and definition–Features of

Partnership firm–Types of partners–Limited liability
partnership firm–Registration of partnership firm –
Partnership deed – Rights and duties of partners –
Comparison of various Non corporate forms of
Business
01
Assignment Test – II / Unit Test – I
August Accountancy Unit-II Subsidiary Books: Meaning-
25 Need & Advantages-Types of Subsidiary books- 06
Preparation of Subsidiary books

Commerce Unit-III Formation of
Company as per Companies Act,
2013
Joint Stock Company: Meaning – Definition as per
Companies Act 2013 – Features and Classification of
joint stock companies– Partnership vs Joint stock 06
company, Types of companies, Differences between
private company and public company- Meaning and
role of the Share-holder,
Formation of accompany – Promotion of a company – 07
Role of promoter. Types of promoters, Position of
promoters, Incorporation of the company-Steps,
Important documents-Memorandum of Association –
Articles of Association-Prospectus
Accountancy Unit-III :Cash Book and Bank
Reconciliation Statement
Cash Book: Meaning-Characteristics -Importance and
advantages of cash book-Types of cash book and their 05
preparation–Simple, Two column, Triple Column and
Petty cashbook.
Bank Reconciliation Statement: Nature of the cash and
bank pass book (bank statement)-Reasons for
differences, Meaning and advantages of BRS
Assignment Test–III / Unit Test – II 01
September Accountancy Unit-III : Cash Book and Bank
22 Reconciliation Statement
Procedure for preparation of BRS-Preparation of BRS 10
under favourable and unfavourable balances
Commerce Unit-IV: Source of Businesas finance:
Meaning of Business Finance – Nature and Need–
Significance of Business Finance –Classification of
Sources of funds – Factors determining the choice of
source of finance. Non–Institutional sources of Finance 11
–Institutional sources of Finance and International
sources of Finance, Short term sources of finance-Bill
discounting, commercial paper, Repos, Working capital
loans, Micro Finance, etc.
Unit Test –III/Assignment Test–IV 01

October TRIAL BALANCE AND RECTIFICAITON OF
18 ERRORS
Unit IV:
Trial Balance: Meaning, features or characteristics –
Objectives – Merits and limitations of trial
06
Balance -Types of preparation of trial Balance.
Rectification of Errors– Meaning-Types of Errors-
Suspense account rectification of errors
Commerce: Unit-:MSME’S and MNCs: Meaning and
definition of enterprise and MSMEs –Registration
requirements under MSMED Act,2006–Significance of 06
MSMEs – Privilege suffered to MSMEs
– Other promotional measures for MSMEs.
MNCs: Meaning and definition of enterprise and
MSME - Registration requirements under MSMED Act
2006 - significance of MSMEs-previleges offered to
06
MSMEs-other promotional measure for MSME
MNCs : Meaning and definition - necessity of
globalization-MNCs-features-Advantages and
Disadvantages of MNCs.
Assignment–V
(DUSSEHRAHOLIDAYS HOLIDAYS)
FROM 19-10-2023 TO 25-10-2023
November Commerce: Unit-V: MSME’S and MNCs:
24 E-Business:
Meaning and Definition of E-Business –Scope of E-
business –Benefits of E-Business – Opportunities and
st
challenges of business in 21 century. Indian MNCs case
studies-case studies of successful Indian MSMEs, and
06
Indian MNCs and failed MNCs
Accountancy: Unit-V: FINAL Accounts of Sole
Trading Concerns-
Meaning–objectives Preparation of final accounts-
capital and revenue items - preparation of Trading and
12
manufacturing account -Preparation of Profit and Loss
account, preparation of Balance Sheet. preparation of
Final Accounts without and with adjustments. (Theory)
HALF YEARLY EXAMS
FROM 20-11-2023 TO 25-11-2023 06
December Accountancy Unit-V: FINAL Accounts of Sole
23 Trading Concerns -
Meaning – objectives Preparation of final accounts-
capital and revenue items - preparation of Trading and
22
manufacturing account -Preparation of Profit and Loss
account, preparation of Balance Sheet. preparation of
Final Accounts without and with adjustments(Theory and
problems)
Unit Test– IV/ Assignment–VI 01

January Problems on Final Accounts with adjustments. 23
2024
23 SANKRANTHI HOLIDAYS
(SECOND TERM HOLIDAYS)
FROM 13-01-2024 TO 16-01-2024
February Revision of Commerce and Practice of Problems 17
24
PRE-FINAL EXAMINATIONS 07
From 22-01-2024 to 29-01-2024

March Last working day – 31.03.2024
22 Summer Vacation 22
From 01-04-2024 to 31-05-2024
Supplementary Examinations in last week of
May 2024
Prepared by: BODDU SAIDULU, JL in Commerce,
GJC YACHARAM, RANGAREDDY, Dist.