{"id":23162,"date":"2022-08-08T15:53:54","date_gmt":"2022-08-08T10:23:54","guid":{"rendered":"https:\/\/scholarsclasses.com\/blog\/?p=23162"},"modified":"2025-12-22T10:08:28","modified_gmt":"2025-12-22T04:38:28","slug":"11th-bk-1st-chapter-exercise","status":"publish","type":"post","link":"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/","title":{"rendered":"11th BK 1st Chapter Exercise &#8211; Maharashtra Board (Introduction to Book-Keeping and Accountancy) &#8211; Free Resource"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e1a1a6125f5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e1a1a6125f5\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#11th_BK_1st_Chapter_Exercise\" >11th BK 1st Chapter Exercise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Chapter_1_%E2%80%93_Introduction_to_Book-Keeping_and_Accountancy\" >Chapter 1 &#8211; Introduction to Book-Keeping and Accountancy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Q1_Answer_in_One_Sentence\" >Q.1 Answer in One Sentence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Q2_Give_the_word_term_or_phrase_which_can_substitute_each_of_the_following_statements\" >Q.2 Give the word term or phrase which can substitute each of the following statements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Q3_Select_the_most_appropriate_alternatives_from_those_given_below_and_rewrite_the_statements\" >Q.3 Select the most appropriate alternatives from those given below and rewrite the statements.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Q4_State_whether_the_following_statements_are_true_or_false_with_reasons\" >Q.4 State whether the following statements are true or false with reasons<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Q5_Do_you_agree_or_disagree_with_the_following_statements\" >Q.5 Do you agree or disagree with the following statements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Q6_Complete_the_following_sentences\" >Q.6 Complete the following sentences<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#11th_BK_Textbook_Solutions\" >11th BK Textbook Solutions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-1st-chapter-exercise\/#Check_out_other_posts_related_to_the_11th_Commerce\" >Check out other posts related to the 11th Commerce<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"11th_BK_1st_Chapter_Exercise\"><\/span>11th BK 1st Chapter Exercise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-src=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/08\/11th-BK-1st-Chapter-Exercise-1024x576.webp\" alt=\"\" class=\"wp-image-23217 lazyload\" title=\"\" data-srcset=\"https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/08\/11th-BK-1st-Chapter-Exercise-1024x576.webp 1024w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/08\/11th-BK-1st-Chapter-Exercise-300x169.webp 300w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/08\/11th-BK-1st-Chapter-Exercise-768x432.webp 768w, https:\/\/scholarsclasses.com\/blog\/wp-content\/uploads\/2022\/08\/11th-BK-1st-Chapter-Exercise.webp 1280w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/576;\" \/><figcaption class=\"wp-element-caption\">11th BK 1st Chapter Exercise<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center has-black-color has-vivid-green-cyan-background-color has-text-color has-background has-medium-font-size\"><span class=\"ez-toc-section\" id=\"Chapter_1_%E2%80%93_Introduction_to_Book-Keeping_and_Accountancy\"><\/span><strong>Chapter 1 &#8211; <strong><strong>Introduction to Book-Keeping and Accountancy<\/strong><\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q1_Answer_in_One_Sentence\"><\/span>Q.1 Answer in One Sentence<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1) What is Book-keeping?<br>Answer:<\/strong> <br>\u2018Book-keeping\u2019 means recording of the business transactions in the books of accounts in a systematic way. All the monetary transactions are recorded datewise for accurate business results from such records at the end of the accounting year.<\/p>\n\n\n\n<p><strong>2) What is meant by Goods?<br>Answer:<\/strong><br>The term \u2018goods\u2019 refers to merchandise, commodities, articles, or things in which a trader trades. These are purchased or manufactured for the purpose of sale and to earn profit.<\/p>\n\n\n\n<p><strong>3) What is Capital?<br>Answer:<\/strong><br>The total amount invested into the business by the owner is called capital.<\/p>\n\n\n\n<p><strong>4) What are Drawings?<br>Answer:<\/strong><br>The amount of cash or value of goods, assets, etc., withdrawn from the business by the owner for personal use called as drawings.<\/p>\n\n\n\n<p><strong>5) What is Goodwill?<br>Answer:<\/strong><br>Goodwill is the reputation of business expressed in terms of money. Goodwill is an intangible asset.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q2_Give_the_word_term_or_phrase_which_can_substitute_each_of_the_following_statements\"><\/span>Q.2 Give the word term or phrase which can substitute each of the following statements<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1) Recording of business transactions.<br><strong>Answer: Book-keeping<\/strong><\/p>\n\n\n\n<p>2) Amount invested in a business by the proprietor.<br><strong>Answer: Capital<\/strong><\/p>\n\n\n\n<p>3) A person to whom an amount is payable.<br><strong>Answer: Creditor<\/strong><\/p>\n\n\n\n<p>4) Exchange between two persons.<br><strong>Answer: Transaction<\/strong><\/p>\n\n\n\n<p>5) Excess of expenses over income.<br><strong>Answer: Loss<\/strong><\/p>\n\n\n\n<p>6) A person whose assets are sufficient enough to meet business obligations.<br><strong>Answer: Solvent<\/strong><\/p>\n\n\n\n<p>7) Art and science of recording business transactions.<br><strong>Answer: Book-keeping<\/strong><\/p>\n\n\n\n<p>8) Property of any description owned by Proprietor.<br><strong>Answer: Assets<\/strong><\/p>\n\n\n\n<p>9) Assets that remain in the business for only for short time, and can be converted into cash very easily.<br><strong>Answer: Current Assets<\/strong><\/p>\n\n\n\n<p>10) Allowance is given on catalogue price of goods.<br><strong>Answer: Trade Discount<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q3_Select_the_most_appropriate_alternatives_from_those_given_below_and_rewrite_the_statements\"><\/span>Q.3 Select the most appropriate alternatives from those given below and rewrite the statements.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1) Surplus of income over expenses is _____.<\/strong><br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) Profit <br><\/mark><\/strong>b) Deficit <br>c) Loss <br>d) Financial Statements<\/p>\n\n\n\n<p><strong>2) In _____ basis of accounting, actual cash receipts and actual cash payments are recorded.<\/strong><br>a) Accrual <br>b) Hybrid <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">c) Cash <br><\/mark><\/strong>d) Mercantile<\/p>\n\n\n\n<p><strong>3) Amount which is not recoverable from the customer is known as _____.<\/strong><br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) Bad Debts <br><\/mark><\/strong>b) Debts <br>c) Debtors <br>d) Doubtful debts<\/p>\n\n\n\n<p><strong>4) Accounts must be honestly prepared and they must disclose all material information is known as _____.<\/strong><br>a) Entity Concepts <br>b) Dual Aspect Concept <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">c) Disclosure Concept <br><\/mark><\/strong>d) Cost Concept<\/p>\n\n\n\n<p><strong>5) A commodity in which a trader deal is known as _____.<\/strong><br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) Goods <br><\/mark><\/strong>b) Income <br>c) Property <br>d) Expenditure<\/p>\n\n\n\n<p><strong>6) _____ means a reputation of a business valued in terms of money.<\/strong><br>a) Trademark <br>b) Assets <br>c) Patents <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">d) Goodwill<\/mark><\/strong><\/p>\n\n\n\n<p><strong>7) According to _____ cash flow statement is prepared and presented for the period for which the profit and loss account is prepared.<\/strong><br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) AS-3 <br><\/mark><\/strong>b) AS-10 <br>c) AS-6 <br>d) AS-2<\/p>\n\n\n\n<p><strong>8) The immediate recognition of loss is supported by the principle of _____.<\/strong><br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">a) Conservatism <br><\/mark><\/strong>b) Objective <br>c) Matching <br>d) Consistency<\/p>\n\n\n\n<p><strong>9) Brief explanation of an entry is called as _____.<\/strong><br>a) Folio <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">b) Narration <br><\/mark><\/strong>c) Posting <br>d) Journalising<\/p>\n\n\n\n<p><strong>10) An act of exchange of things or services between the two parties is termed as_____.<br><\/strong>a) Ledger <br>b) Transfer <br><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-2-color\">c) Transaction <br><\/mark><\/strong>d) Business<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-notes-maharashtra-board\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-notes-maharashtra-board\/\" target=\"_blank\" rel=\"noreferrer noopener\">Solution of other subjects<\/a><br><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-textbook-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-textbook-solutions\/\">Solution of all Chapters of BK<br><\/a><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-2-practical-problems\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-2-practical-problems\/\">2<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-3-practical-problems\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-3-practical-problems\/\">3<\/a> &#8211; 4 &#8211; 5 &#8211; 6 &#8211; 7 &#8211; 8 &#8211; 9 &#8211; 10<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q4_State_whether_the_following_statements_are_true_or_false_with_reasons\"><\/span>Q.4 State whether the following statements are true or false with reasons<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>1) Book-keeping and accounting are one and the same thing.<br>Answer:<\/strong> False<br><strong>Reason:<\/strong> Bookkeeping means recording business transactions in a separate set of books and accountancy is the process of summarising and analyzing business transactions which are recorded in the books of accounts, so bookkeeping and accounting are not one and the same.<\/p>\n\n\n\n<p><strong>2) Conservatism means to follow safe side.<br>Answer:<\/strong> True<br><strong>Reason:<\/strong> While recording the business transactions we have to anticipate no profit but provide for all possible losses therefore we can say that Conservatism means to follow safe side.<\/p>\n\n\n\n<p><strong>3) The double entry system is based on \u201cDual Aspect\u201d concept.<br>Answer:<\/strong> True<br><strong>Reason:<\/strong> According to Dual Aspect concept, every transaction or event has two aspects, i.e., dual effect. This concept recognizes the fact that for every debit, there is a corresponding and equal credit effect.<\/p>\n\n\n\n<p><strong>4) Bank overdraft is an asset of the business.<br>Answer:<\/strong> False<br><strong>Reason:<\/strong> Bank overdraft is a liability of a business. Businesses owe to the bank for the excess amount withdrawn from a bank account. It is a temporary loan from a bank.<\/p>\n\n\n\n<p><strong>5) Solvent person is a person whose assets are more than his liabilities.<br>Answer:<\/strong> True<br><strong>Reason:<\/strong> If a person\u2019s assets are more than his liabilities, or equal to his liabilities, he is called as a solvent person.<\/p>\n\n\n\n<p><strong>6) Cash discount does not appear in the books of accounts.<br>Answer:<\/strong> False<br><strong>Reason:<\/strong> It is the amount deducted from the final amount due at the time of receipt. It is the concession given for encouraging prompt payment. A cash discount is calculated after deducting trade discount, since it is loss to the seller and gain to the buyer, cash discount appears in the books of accounts.<\/p>\n\n\n\n<p><strong>7) A transaction is concerned with money or money\u2019s worth.<br>Answer:<\/strong> True<br><strong>Reason:<\/strong> In a business, the transaction having monetary value should be recorded in the books of accounts, which means a transaction must be concerned with money or money&#8217;s worth.<\/p>\n\n\n\n<p><strong>8) Accounting is the language of business.<br>Answer:<\/strong> True<br><strong>Reason:<\/strong> Accounting means how you record, classify or analyze the business transaction which suggests that accounting is the language of business. <\/p>\n\n\n\n<p><strong>9) In earlier times of civilization, accounting was done by owners.<br>Answer:<\/strong> False<br><strong>Reason:<\/strong> In the earlier time of civilization, accounting was done by agents who managed the properties of wealthy people. They prepared accounts periodically for the owners of the property.<\/p>\n\n\n\n<p><strong>10) Book-keeping is useful to find out all tax liabilities.<br>Answer:<\/strong> True<br><strong>Reason:<\/strong> All the business transactions are recorded in the books of accounts so there is no question of hiding any income and expenses, with the help of bookkeeping businessmen knows their liabilities towards the government for tax payments like GST, Income Tax etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q5_Do_you_agree_or_disagree_with_the_following_statements\"><\/span>Q.5 Do you agree or disagree with the following statements<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1) Accounting is useful only to the owner. <strong>(Disagree)<\/strong><\/p>\n\n\n\n<p>2) Book-keeping is an art and science. <strong>(Agree)<\/strong><\/p>\n\n\n\n<p>3) Bills Payable is an asset of the business. <strong>(Disagree)<\/strong><\/p>\n\n\n\n<p>4) In Book-keeping and Accountancy only non-monetary transactions are recorded. <strong>(Disagree)<\/strong><\/p>\n\n\n\n<p>5) The Assets which give long-term benefits to the business are Fixed Assets. <strong>(Agree)<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-cyan-bluish-gray-background-color has-background\"><span class=\"ez-toc-section\" id=\"Q6_Complete_the_following_sentences\"><\/span>Q.6 Complete the following sentences<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>1) Revenue arising as a result of business transactions is known as <strong><span style=\"text-decoration: underline;\">Income<\/span><\/strong>.<\/p>\n\n\n\n<p>2) Excess of gross profit over operating expenses is <strong><span style=\"text-decoration: underline;\">operating profit<\/span><\/strong>.<\/p>\n\n\n\n<p>3) An expenditure which is basically revenue in nature but the benefit of which is not exhausted within one year is called as <strong><span style=\"text-decoration: underline;\">Deffered Revenue Expenditure<\/span><\/strong>.<\/p>\n\n\n\n<p>4) The amount deducted by the seller from the list price of goods at the time of sale is <strong><span style=\"text-decoration: underline;\">Trade Discount<\/span><\/strong>.<\/p>\n\n\n\n<p>5) A person to whom the business owes money for the goods or services is known as <strong><span style=\"text-decoration: underline;\">Creditor<\/span>.<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-notes-maharashtra-board\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-notes-maharashtra-board\/\" target=\"_blank\" rel=\"noreferrer noopener\">Solution of other subjects<\/a><br><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-textbook-solutions\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-textbook-solutions\/\">Solution of all Chapters of BK<br><\/a><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-2-practical-problems\/\" data-type=\"URL\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-2-practical-problems\/\">2<\/a> &#8211; <a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-3-practical-problems\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-3-practical-problems\/\">3<\/a> &#8211; 4 &#8211; 5 &#8211; 6 &#8211; 7 &#8211; 8 &#8211; 9 &#8211; 10<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"11th_BK_Textbook_Solutions\"><\/span>11th BK Textbook Solutions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Chapter Name <\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-2-practical-problems\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-2-practical-problems\/\">2) Meaning and Fundamentals of Double Entry Book-Keeping<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-3-practical-problems\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-bk-chapter-3-practical-problems\/\">3) Journal<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">4) Ledger<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">5) Subsidiary Books<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">6) Bank Reconciliation Statement<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">7) Depreciation<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">8) Rectification of Errors<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">9) Final Accounts of a Proprietary Concern<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">10) Single Entry System<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"Check_out_other_posts_related_to_the_11th_Commerce\"><\/span>Check out other posts related to the 11th Commerce<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-notes-maharashtra-board\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-notes-maharashtra-board\/\">Textbook Solutions of 11th Commerce (All Subjects)<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-books-pdf\/\" data-type=\"link\" data-id=\"https:\/\/scholarsclasses.com\/blog\/11th-commerce-books-pdf\/\"> Free PDF of 11th Commerce Textbooks <\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":23217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[5359],"class_list":["post-23162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hsc-maharashtra-board","tag-11th-bk-1st-chapter-exercise"],"_links":{"self":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/23162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/comments?post=23162"}],"version-history":[{"count":18,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/23162\/revisions"}],"predecessor-version":[{"id":40946,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/posts\/23162\/revisions\/40946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media\/23217"}],"wp:attachment":[{"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/media?parent=23162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/categories?post=23162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scholarsclasses.com\/blog\/wp-json\/wp\/v2\/tags?post=23162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}