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Commerce
Class 11

ICSE · Class 11 · Accountancy

Accounting Equation, Journal and Ledger

Chapter 3.i–iiiJournal, Ledger and Trial BalanceISC · Class XI · examination 2028

1 world for this chapter.

Topics

Recording
- Accounting equation
- Classification of accounts and double entry
- Rules of journalising and simple and compound entries
- Introduction to GST
- Posting and balancing ledger accounts
- Adjusting and closing entries

Learning objectives

Journalise a transaction and post it to the ledger.

Worlds

Places to explore freely · 1 world

WorldDouble-Entry AccountingDouble entry on a brass balance: journalise, post, place the trial balance so the beam sits level, then catch the error that tips it, the one that never does, and the two that cancel — and close the books to a profit the sheet will only accept if true

Practice

Questions for Class 11 Accountancy, with worked answers, on screen or as a printed paper.

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