CBSE Class 11 Accountancy Project Work: Academic Session 2021-22

Check details about project work in CBSE Class 11 Accountancy for CBSE Academic Session 2021-22.

Created On: Jun 16, 2021 11:51 IST
CBSE 2021-22
CBSE 2021-22

Check details about project work in CBSE Class 11 Accountancy for CBSE Academic Session 2021-22. Students of CBSE Class 11 having Accountancy as one of their subjects should check all the details about CBSE Class 11 Accountancy project work.

Also Check: CBSE Class 11 Syllabus 2021-22 (New) PDF: All Subjects!

Project Work (Any One)

1. Collection of source documents, preparation of vouchers, recording of transactions with the help of vouchers.

2. Comprehensive project of any sole proprietorship business. This may state with journal entries and their ledgering, preparation of Trial balance. Trading and Profit and Loss Account and Balance Sheet. Expenses, incomes and profit (loss), assets and liabilities are to be depicted using pie chart / bar diagram.

Project Work:

It is suggested to undertake this project after completing the unit on preparation of financial statements. The student(s) will be allowed to select any business of their choice or develop the transaction of imaginary business. The project is to run through the chapters and make the project an interesting process. The amounts should emerge as more realistic and closer to reality.

Specific Guidelines for Teachers

Give a list of options to the students to select a business form. You can add to the given list:

1. A beauty parlour 

2. Men's saloon 

3. A tailoring shop 

4. A canteen 

5. A cake shop 

6. A confectionery shop 

7. A chocolate shop 

8. A dry cleaner 

9. A stationery shop 

10. Men's wear 

11. Ladies wear 

12. Kiddies wear

13. A Saree shop 

14. Artificial jewellery shop

15. A small restaurant 

16. A sweet shop 

17. A grocery shop

18. A shoe shop

19. A coffee shop

20. A music shop

21. A juice shop

22. A school canteen

23. An ice cream parlour

24. A sandwich shop 

25. A flower shop

After selection, advise the student(s) to visit a shop in the locality (this will help them to settle on a realistic amounts different items. The student(s) would be able to see the things as they need to invest in furniture, decor, lights, machines, computers etc.

A suggested list of different item is given below.

1. Rent 

2. Advance rent [approximately three months] 

3. Electricity deposit 

4. Electricity bill 

5. Electricity fitting 

6. Water bill 

7. Water connection security deposit

8. Water fittings 

9. Telephone bill 

10. Telephone security deposit 

11. Telephone instrument 

12. Furniture 

13. Computers 

14. Internet connection 

15. Stationery 

16. Advertisements 

17. Glow sign

18. Rates and Taxes

19. Wages and Salary

20. Newspaper and magazines

21. Petty expenses

22. Tea expenses

23. Packaging expenses

24. Transport

25. Delivery cycle or a vehicle purchased

26. Registration

27. Insurance

28. Auditors fee

29. Repairs & Maintenance

30. Depreciations

31. Air conditioners

32. Fans and lights

33. Interior decorations

34. Refrigerators

35. Purchase and sales

At this stage, performance of the bulk of originality and ledger may be provided to the students and they may be asked to complete the same.

In the next step the students are expected to prepare the trial balance and the financial statements

Download CBSE Class 11 Syllabus for Accountancy: Academic Session 2021-22

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