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Chapter 13 of 28
Study Plan

Depreciation — Study Plan

ICSE · Class 11 · Accountancy

A step-by-step study plan for Depreciation, ICSE Class 11 Accountancy: what to learn first, what to practise and when to revise.

63 questions40 flashcards3 formulas & key relations5 concepts

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Study Plan

1
Day 1–2

Learn the Theory

Read the textbook chapter carefully. Note down definitions, formulas and key ideas. Focus on: 1. Meaning, Nature, and Characteristics of Depreciation, 2. Causes of Depreciation, 3. Need or Objectives of Providing Depreciation.

2
Day 3

Practise

Solve the textbook exercises and extra practice questions. There are 63 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 Depreciation after a week. Use flashcards for quick recall and try past exam questions on this chapter.

What to Focus On

  • Depreciation applies to tangible fixed assets, not to land.
  • It is gradual, permanent, and non-cash in nature.
  • It is a charge against profit.
  • Depreciation is permanent and continuous.
  • Wear and tear is a main cause.
  • Obsolescence is loss of usefulness due to new methods or technology.
  • Depletion is for wasting natural resources.
  • Amortization is for intangible assets.
  • Dilapidation is linked with leased property restoration.

Common Mistakes to Avoid

Depreciation means a fall in market value of an asset.

Land is also depreciated because it is a fixed asset.

Depreciation is an exact calculation, so the amount can be found perfectly.

Memory Tips

Meaning of depreciation

Land is not depreciated

Main causes of depreciation

Wear and tear due to constant use

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Frequently Asked Questions

What are the important topics in Depreciation for ICSE Class 11 Accountancy?
Key topics in Depreciation include Meaning, Nature, and Characteristics of Depreciation, Causes of Depreciation, Need or Objectives of Providing Depreciation, Factors Affecting the Amount of Depreciation. Study these first, then practise questions on each for Class 11 exams.
How should I revise Depreciation for Class 11 exams?
Learn the core ideas first, then work through the 63 practice questions on Depreciation. 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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