Skip to main content
Super TutorResources
Chapter 3 of 9
Study Plan

Recording of Transactions - I — Study Plan

CBSE · Class 11 · Accountancy

A step-by-step study plan for Recording of Transactions - I, CBSE Class 11 Accountancy: what to learn first, what to practise and when to revise.

170 questions80 flashcards3 formulas & key relations5 concepts

Interactive on Super Tutor

Studying Recording of Transactions - I? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for study plan and more.

Try Super Tutor — Free

Free trial, no card needed.

Study Plan

1
Day 1–2

Learn the Theory

Read the textbook chapter carefully. Note down definitions, formulas and key ideas. Focus on: Business Transactions and Source Documents, Accounting Equation, Rules of Debit and Credit.

2
Day 3

Practise

Solve the textbook exercises and extra practice questions. There are 170 questions available for this chapter.

3
Day 4

Revise & Test

Revise key points without looking at your notes. Take a practice quiz and mark weak areas for another pass.

4
Day 7

Spaced Revision

Come back to Recording of Transactions - I after a week. Use flashcards for quick recall and try past exam questions on this chapter.

What to Focus On

  • Business transactions have two-fold effects.
  • Source documents support recording of transactions.
  • All entries are based on vouchers.
  • Accounting Equation: A = L + C.
  • It is also called the Balance Sheet Equation.
  • Derived forms are A - L = C and A - C = L.
  • Debit is the left side and credit is the right side of an account.
  • Every transaction must have equal debits and credits.
  • Assets and expenses follow one rule; liabilities, capital, and revenues follow another.

Common Mistakes to Avoid

Every transaction affects only one account.

Debit always means increase and credit always means decrease.

Goods purchased on credit should be debited to Goods A/c.

Memory Tips

Business transaction has two-fold effects and is recorded in at least two accounts

Source document or voucher

Types of accounting vouchers

Simple transaction voucher versus compound voucher versus complex voucher

Want a personalised study plan?

Super Tutor builds a day-by-day plan for CBSE Class 11 Accountancy that fits your exam date and pace.

Create My Study Plan

Frequently Asked Questions

What are the important topics in Recording of Transactions - I for CBSE Class 11 Accountancy?
Key topics in Recording of Transactions - I include Business Transactions and Source Documents, Accounting Equation, Rules of Debit and Credit, Journal and Journalising. Study these first, then practise questions on each for Class 11 exams.
How should I revise Recording of Transactions - I for Class 11 exams?
Learn the core ideas first, then work through the 170 practice questions on Recording of Transactions - I. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Recording of Transactions - I

All CBSE Class 11 Accountancy Study Plan

For serious students

Get the full Recording of Transactions - I chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for CBSE Class 11 Accountancy. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free