TS 1st Year Commerce And Accountancy Syllabus 2024-25: Download Detailed Class 11 Syllabus PDF For Free!

Topics to be covered, Unit Tests, Exams/ Assignments

Commerce-Unit-I: Fundamentals of Business

Classification of human activities; economic and non–economic–Types of economic activities; Business–

Profession and employment – concept – meaning–

features –objectives; corporate social responsibility of

business.

Business Activities: Concept of Commerce and

Industry–Types of Industry, Trade-Types of Trade, Aids

to trade–Interrelationship between industry, trade and

commerce

Accountancy: Unit I Introduction to Accounting:

Bookkeeping and Accounting–Introduction-Book

keeping-Accounting-Basic Accounting Terms

Accounting Principles: Accounting principles - GAAP-

Accounting Concepts and Conventions, Accounting

Standards

Assignment Test – I

Accountancy: Unit I Introduction to Accounting: Recording of Business Transactions: Concepts of Voucher, preparation of vouchers - Accounting equations-Basis of Accounting-System of accounting- 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 of business organization.

Sole Proprietorship:

Meaning and definitions-features

Joint Hindu Family Business: Meaning–Features 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

Assignment Test – II / Unit Test – I

Accountancy Unit-II Subsidiary Books: Meaning-

Need & Advantages-Types of Subsidiary books-

Preparation of Subsidiary books

Commerce Unit-III Formation of

The company as per the Companies Act,

2013

Joint Stock Company: Meaning – Definition as per

Companies Act 2013 – Features and Classification of

joint stock companies– Partnership vs Joint-stock

company, Types of companies, Differences between

private company and public company- Meaning and

role of the Shareholder,

Formation of accompany – Promotion of a company –

Role of promoter. Types of promoters, Position of

promoters, Incorporation of the company-Steps,

Important documents of the 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

preparation–Simple, Two columns, Triple Column and

Petty cashbook.

Bank Reconciliation Statement: Nature of the Cash and

bank passbook (bank statement)-Reasons for

differences, Meaning and advantages of BRS

Assignment Test–III / Unit Test – II

Accountancy Unit-III: Cash Book and Bank Reconciliation Statement

Procedure for preparation of BRS-Preparation of BRS under favourable and unfavourable balances

Commerce Unit-IV: Source of Business 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. Institutional Sources of Finance

–Institutional sources of Finance and International sources of Finance, Short-term sources of finance-Bill discounting, commercial paper, Repos, Working capital loans, microfinance, etc.

Unit Test –III/Assignment Test–IV

TRIAL BALANCE AND RECTIFICATION OF

ERRORS

Unit IV:

Trial Balance: Meaning, features or characteristics –

Objectives – Merits and limitations of trial

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

MSMEs – Privilege suffered by MSMEs

– Other promotional measures for MSMEs.

MNCs: Meaning and definition of enterprise and

MSME - Registration requirements under the MSMED Act

2006 - the significance of MSMEs-privileges offered to

MSMEs-other promotional measure for MSME

MNCs: Meaning and definition - necessity of

globalization-MNCs-features-Advantages and

Disadvantages of MNCs.

Assignment–V

Commerce: Unit-V: MSME’S and MNCs: 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 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 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 18-11-2024 TO 23-11-2024

Accountancy Unit-V: FINAL Accounts of Sole Trading Concerns -

Meaning – objectives Preparation of final accounts- capital and revenue items - preparation of Trading and 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

Problems on Final Accounts with Adjustments.

Summer Vacation

From 30-03-2025 to 01-06-2025

Supplementary Examinations in the last week of May 2025