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Sample of Accounting Project Work — Revision Notes

ICSE · Class 11 · Accountancy

Sample of Accounting Project Work revision notes for ICSE Class 11 Accountancy: 4 topics in quick points. Part of the ICSE Class 11 Accountancy syllabus.

65 questions44 flashcards2 formulas & key relations5 concepts

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Key Topics to Revise

1

Project Work Structure and Marks

  • Paper II Project Work carries 20 marks in total.
  • Candidates complete two projects from any topic covered in Theory.
  • Each project is marked out of 10.
2

Accounting Cycle Project

  • The sole trader case study begins with Mr. Ganesh, who sold 1,000 shares of Zensar Ltd. at ₹980 each in March 2018.
  • He started M/s Alpana Kid-Garments on 1st April 2018.
  • All transactions were routed through ICICI Bank.
3

Key Accounting Terms and Viva Points

  • Capital is the amount invested by the proprietor in his business.
  • A journal is a book of original entry in which all the business transactions are recorded in chronological order i.e., datewise.
  • A ledger is a principal book that contains all the accounts of the business.
4

Not-for-Profit Organization Project

  • Anand, Gopal, Vidur, Sanjay, and Meera form Global Sports Club.
  • The club is a Not-for-Profit Organization registered to promote sports without making profit.
  • Mr. Anand is appointed as N.G.O. for management of financial transactions.

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Full Notes

Key Concepts

Paper II Project Work carries 20A sole trader case studyMrThe purchase consideration was ₹9Depreciation is charged on fixed assets

Frequently Asked Questions

What are the important topics in Sample of Accounting Project Work for ICSE Class 11 Accountancy?
Key topics in Sample of Accounting Project Work include Project Work Structure and Marks, Accounting Cycle Project, Key Accounting Terms and Viva Points, Not-for-Profit Organization Project. Study these first, then practise questions on each for Class 11 exams.
How should I revise Sample of Accounting Project Work for Class 11 exams?
Learn the core ideas first, then work through the 65 practice questions on Sample of Accounting Project Work. 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.

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