Punjab Board PSEB Class 11 Accounting Syllabus 2025-26, Download FREE PDF

Board Name

Punjab School Education Board (PSEB)

Class

11

Subject

Accountancy

Total Marks

100

Theory Marks

80

Practical Marks

15

Internal Assessment

05

Paper Duration

3 Hours

Unit-1 Introduction to Accounting

• Meaning of Accounting  

• Accounting as a Source of Information  

• Objectives of Accounting  

• Role of Accounting  

• Basic Terms in Accounting  

Unit -2 Theory Base of Accounting  

• Generally Accepted Accounting Principles (GAAP)  

• Basic Accounting Concepts  

• Systems of Accounting  

• Basis of Accounting  Accounting Standards 

Unit -3 Recording of Transactions – I  

• Business Transactions and Source Document  

• Accounting Equation  

• Using Debit and Credit  

• Books of Original Entry  

• The Ledger  Posting from Journal

Unit -4 Recording of Transactions - II  

• Cash Book  Purchases (Journal) Book  

• Purchases Return (Journal) 

• Book  Sales (Journal) Book  

• Sales Return (Journal) Book  

• Journal Proper  

• Balancing the Accounts  

Unit -5 Bank Reconciliation Statement  

• Need for Reconciliation  

• Preparation of Bank Reconciliation Statement 

Unit -6 Trial Balance and Rectification of Errors  

• Meaning of Trial Balance  

• Objectives of Preparing the Trial Balance  

• Preparation of Trial Balance  

• Significance of Agreement of Trial Balance  

• Searching of Errors  

• Rectification of Errors

Unit -7 Depreciation, Provisions and Reserves  

• Depreciation  Depreciation and other Similar Terms  

• Causes of Depreciation  

• Need for Depreciation  

• Factors Affecting the Amount of Depreciation  

• Methods of Calculating Depreciation Amount  

• Straight Line Method and Written Down Method: A Comparative Analysis  

• Methods of Recording Depreciation  

• Disposal of Asset  Effect of any Addition or Extension to the Existing Asset  

• Provisions  Reserves  

• Secret Reserve

Unit -8 Financial Statements - I  

• Stakeholders and their Information Requirements  

• Distinction between Capital and Revenue  

• Financial Statements  

• Trading and Profit and Loss Account  

• Operating Profit (EBIT)  

• Balance Sheet  

• Opening Entry  

Unit -9 Financial Statements - II  

• Need for Adjustments  

• Closing Stock  

• Outstanding Expenses  

• Prepaid Expenses  

• Accrued Income  

• Income Received in Advance  

• Depreciation  Bad Debts  

• Provision for Bad and Doubtful Debts  

• Provision for Discount on Debtors  

• Manager’s Commission  

• Interest on Capital  

• Preparation of Trading and Profit & Loss Account and Balance Sheet of Sole Proprietor with adjustments.  

1.

Project Note Book

3 Mark

2.

A total of five questions of 3 marks each will be set. The students are required to attempt any three

9 Mark

3.

Viva Voce

3 Mark