Find the best tutors and institutes for Class 11 Tuition
Theory Base of Accounting Activities Solutions
- Q1: Ruchica’s father is the sole proprietor of ‘Friends Gifts’, a firm engaged in the sale of gift items. In the process of preparing financial statements, the accountant of the firm Mr. Goyal fell ill and had to proceed on leave. Ruchica’s father was urgently in need of the statements as these had to be submitted to the bank, in pursuance of a loan of ₹ 5 lakh applied for the expansion of the business of the firm. Ruchica who is studying Accounting in her school, volunteered to complete the work. On scrutinising the accounts, the banker found that the value of building bought a few years back for ₹ 7 lakh has been shown in the books at ₹ 20 lakh, which is its present market value. Similarly, as compared to the last year, the method of valuation of stock was changed, resulting in value of goods to be about 15 per cent higher. Also, the whole amount of ₹ 70,000 spent on purchase of personal computer (expected life 5 years) during the year had been charged to the profits of the current year. The banker did not rely on the financial data provided by Ruchica. Advise Ruchica for the mistakes committed by her in the preparation of financial statements in the context of basic concepts in accounting.
- Q2: A customer has filed a suit against a trader who has supplied poor quality goods to him. It is known that the court judgment will be in favour of the customer and the trader will be required to pay the damages. However, the amount of legal damages is not known with certainity. The accounting year has already been ended and the books are now finalised to ascertain true profit or loss. The accountant of the trader has advised him not to consider the expected loss on account of payment of legal damages because the amount is not certain and the final judgment of the court is not yet out. Do you think the accountant is right in his approach.
Other Exercises for CBSE - Class 11 Accountancy Theory Base of Accounting
- Theory Base of Accounting Class 11 Activity
- Theory Base of Accounting Class 11 Activity 1
- Theory Base of Accounting Class 11 Activity 2
- Theory Base of Accounting Class 11 Do it yourself
- Theory Base of Accounting Class 11 Questions for Practice
- Theory Base of Accounting Class 11 Questions for Practice - Long Answers
- Theory Base of Accounting Class 11 Questions for Practice - Short Answers
- Theory Base of Accounting Class 11 Test Your Understanding - I
- Theory Base of Accounting Class 11 Test Your Understanding - II
Chapters in CBSE - Class 11 Accountancy
- Unit 1-Financial Accounting(Part A)Theoretical Framework
- Introduction to Accounting
- Recording of Transactions – I
- Recording of Transactions – II
- Bank Reconciliation Statement
- Trial Balance and Rectification of Errors
- Depreciation, Provisions and Reserves
- Bills of Exchange
- Financial Statements – I
- Financial Statements – II
Top Tutors who teach Theory Base of Accounting
Currently I am taking CBSE class 11 tuitions for DPS school students in chopasani housing board. My students are happy with my teaching and they are scoring above 80% currently
I have 20 years of experience in the field of teaching. I conduct classes for Spoken English, BBA, MBA, Hindi Language, Career Counselling and Classes I to X. I tutor (offline/online) for syllabi-based subjects Classes I to X for CBSE, ICSE, IGCSE, IB Board. For classes X and above, I focus on tutoring subjects like Hindi, English, Psychology. Accountancy, Business Studies, Mathematics, Physics, Chemistry for CBSE, ICSE, IGCSE and IB Board. I also conduct career counselling and psychological counselling. I also assist students in pursuing MBA/PGDBM courses in their dissertation work. People engaged in doctoral theses in the domains of management and psychology engage my services for their research work. Since there is a lot of demand for enhancing one's conversational English, this is what I am focusing on at the moment. Being bilingual, my medium of communication is English as well as Hindi. I train learners in the usage of WordPress, Joomla - to develop their websites; right from domain registration to site maintenance. Besides, I assist teachers in pursuing Teachers' Training Courses.
Hello, my name is Atulya Kumar. I have completed my engineering from IIT (ISM), Dhanbad and am currently pursuing a PhD in Civil Engineering at IIT (ISM), Dhanbad. Teaching physics has been both a passion and a purpose since 2019, and over the years, I have mentored Class XI and XII students, particularly those preparing for JEE Main, JEE Advanced, NEET, and board examinations. I specialize in teaching Class 12 and 11 Physics in a result-oriented and concept-focused manner. My classes are tailored to bridge the gap between theory and application, ensuring students not only understand the fundamentals but can also apply them effectively in competitive exams. In recent years, my students have consistently performed exceptionally well. For example, in NEET 2025, two of my students scored 653 and 639, while many achieved more than 99 percentile in JEE Main 2025. In earlier years, students under my guidance secured AIR 2513 in NEET 2022 and AIR 1702 in NEET 2023, with many crossing the 98th percentile in JEE Main 2023. I adopt a structured approach, focusing on topic-wise concept clarity, MCQ drills, PYQ (previous year questions) practice, and mock test simulations. My JEE sessions emphasize critical topics such as modern physics, electromagnetism, kinematics, and thermodynamics, while NEET classes are tailored toward speed, accuracy, and NCERT alignment. I also give equal importance to board exam preparation, guiding students to score above 90% in Physics through clear explanations, derivation practice, answer writing techniques, and mock board tests. Teaching physics is a personal challenge and joy for me. I strive to build a learning environment where students feel confident, curious, and capable. It’s deeply fulfilling to watch them grow from conceptual struggles to academic excellence, and I remain committed to their success—both in exams and in life.
I have enrolled my daughter in one-on-one Physics tuition for Class 11, and she is truly enjoying her classes. I am writing this after she has attended six sessions so far. Her learning journey with Atulya Sir has been amazing. He is very helpful, patient, and takes the time to clearly address all her doubts. His teaching approach is highly professional, and he is always respectful in his interactions. We are very happy with the experience and look forward to continuing this journey.
I am a home tutor I teach since 2016. my teaching style is easy and impactful I use examples and mostly I use the questioner method mostly I used linear questions for learning. and I teach you how to prepare a short note in an effective way and how to convert your short not learning into easy type answers and i promise you as a tutor the whole procdure you will enjoy.
I’m really thankful to my TTN accounts teacher for the way they teach. Accounts can feel confusing at times, but the way every topic is explained so clearly makes it much easier to understand. They always start from the basics and make sure everyone is on the same page before moving ahead. Doubts are never ignored, and the examples given in class actually help things make sense. Because of their teaching, my confidence in accounts has improved a lot. It honestly feels easier and less stressful to study the subject now.
I am teaching Mathematics for School and college students. I have taught Mathematics for class 11th and class 12th in the college as well as in private tuitons
Other Subjects in CBSE - Class 11
Download free CBSE - Class 11 Accountancy Theory Base of Accounting Activities worksheets
Download Now