Class 11 Commerce Syllabus: Students can now get the Class 11 Commerce syllabus as per the guidelines laid down by the examination board. The syllabus helps the students comprehend the course intentions and assist in effective learning and better examination preparation. In the syllabus, chapters and concepts are provided. This furnishes the students with a fair idea of the question paper pattern by providing the merit to plan the study time table accurately. Planning for assignments for the academic year is simplified with the syllabus.

CBSE syllabus for class 11 commerce 2022 is available for all subjects including Economics, Accountancy, Business Studies, English and so on. CBSE follows the NCERT syllabus for Class 11 to prepare class 11 commerce syllabus 2022-23. Read Further to know the complete CBSE Class 11 Commerce syllabus 2022 for all subjects and download them.

Class 11 Commerce Syllabus

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Class 11 Commerce Syllabus: Accountancy

Marks Weightage of Term 1

Theory: 40 Marks
Time: 90 Minutes

CBSE Syllabus for Class 11 Accountancy Term 1

Unit-1: Theoretical Frame Work

Introduction to Accounting

• Accounting – concept, objectives, advantages and limitations, types of accounting information; users of accounting information and their needs. Qualitative Characteristics of Accounting Information. Role of Accounting in Business
• Basic Accounting Terms – Business Transaction, Capital, Drawings. Liabilities (Non Current and Current). Assets (Non Current, Current); Fixed assets (Tangible and Intangible), Expenditure (Capital and Revenue), Expense, Income, Profit, Gain, Loss, Purchase, Sales, Goods, Stock, Debtor, Creditor, Voucher, Discount (Trade discount and Cash Discount)

Theory Base of Accounting

• Fundamental accounting assumptions: GAAP: Concept
• Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Dual Aspect, Revenue Recognition, Matching, Full Disclosure, Consistency, Conservatism, Materiality and Objectivity
• System of Accounting. Basis of Accounting: cash basis and accrual basis
• Accounting Standards: Applicability in IndAS
• Goods and Services Tax (GST): Characteristics and Objective

Unit-2: Accounting Process

Recording of Business Transactions

• Voucher and Transactions: Source documents and Vouchers, Preparation of Vouchers, Accounting Equation Approach: Meaning and Analysis, Rules of Debit and Credit.
• Recording of Transactions: Books of Original Entry- Journal
• Special Purpose books
• Cash Book: Simple, cash book with bank column and petty cashbook
• Purchases book
• Sales book
• Purchases return book
• Sales return book

Ledger:

• Format, Posting from journal and subsidiary books, Balancing of accounts

Bank Reconciliation Statement:

• Need and preparation

Depreciation, Provisions and Reserves

• Depreciation: Concept, Features, Causes, factors
• Other similar terms: Depletion and Amortisation
• Methods of Depreciation:

i. Straight Line Method (SLM)
ii. Written Down Value Method (WDV)

• Difference between SLM and WDV; Advantages of SLM and WDV
• Accounting treatment of depreciation

i. Charging to asset account
ii. Creating provision for depreciation/accumulated depreciation account

• Provisions and Reserves: Difference
• Types of Reserves:

i. Revenue reserve
ii. Capital reserve
iii. General reserve
iv. Specific reserve
v. Secret Reserve

• Difference between capital and revenue reserve

Marks Weightage of Term 2

Theory: 40 Marks

Accounting for Bills of Exchange

• Bill of exchange and Promissory, Note: Definition, Specimen, Features, Parties
• Difference between Bill of Exchange and Promissory Note
• Terms in Bill of Exchange:

i. Term of Bill
ii. Accommodation bill (concept)
iii. Days of Grace
iv. Date of maturity
v. Discounting of bill
vi. Endorsement of bill
vii. Bill after due date
viii. Negotiation
ix. Bill sent for collection
x. Dishonour of bill

• Accounting Treatment

Trial balance and Rectification of Errors

• Trial balance: objectives and preparation
• Errors: types-errors of omission, commission, principles, and compensating; their effect on Trial Balance
• Detection and rectification of errors; preparation of suspense account

Part B: Financial Accounting – II

Unit 3: Financial Statements of Sole Proprietorship

Financial Statements

Meaning, objectives and importance; Revenue and Capital Receipts; Revenue and Capital Expenditure; Deferred Revenue expenditure. Trading and Profit and Loss Account: Gross Profit, Operating Profit and Net profit. Preparation. Balance Sheet: need, grouping and marshalling of assets and liabilities. Preparation. Adjustments in preparation of financial statements with respect to closing stock, outstanding expenses, prepaid expenses, accrued income, income received in advance, depreciation, bad debts, provision for doubtful debts, provision for discount on debtors, Abnormal loss, Goods taken for personal use/staff welfare, interest on capital and managers commission. Preparation of Trading and Profit and Loss account and Balance Sheet of a sole proprietorship with adjustments.

Incomplete Records

Features, reasons and limitations. Ascertainment of Profit/Loss by Statement of Affairs method.

Unit 4: Computers in Accounting

• Introduction to computer and accounting information system {AIS}: Introduction to computers (elements, capabilities, limitations of computer system)

 

Class 11 Commerce Syllabus: Business Studies

CBSE Syllabus for Business Studies Term 1

Theory: 40 Marks
Duration: 90 Minutes

Students would prepare only ONE project in the entire academic session, which is divided into 2 terms i.e. Term I and Term II.

Part A: Foundation of Business

Unit 1: Evolution and Fundamentals of Business

1) History of Trade and Commerce in India: Indigenous Banking System, Rise of Intermediaries, Transport, Trading Communities: Merchant Corporations, Major Trade Centres, Major Imports and Exports, Position of Indian Sub-Continent in the World Economy.

2) Business – meaning and characteristics

3) Business, profession and employment Concept

4) Objectives of business

5) Classification of business activities – Industry and Commerce

6) Industry-types: primary, secondary, tertiary Meaning and subgroups

7) Commerce-trade: (types-internal, external; wholesale and retail) and auxiliaries to trade; (banking, insurance, transportation, warehousing, communication, and advertising) – meaning

8) Business risk-Concept

Unit 2: Forms of Business organisations

1) Sole Proprietorship-Concept, merits and limitations.

2) Partnership-Concept, types, merits and limitation of partnership, registration of a partnership firm, partnership deed. Types of partners

3) Hindu Undivided Family Business: Concept

4) Cooperative Societies-Concept, merits, and limitations

5) Company – Concept, merits and limitations; Types: Private, Public and One Person Company – Concept

6) Formation of company – stages, important documents to be used in formation of a company

Unit 3: Public, Private and Multinational Company

1) Public sector and private sector enterprises – Concept

2) Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations and Government Company

Unit 4: Business Services

1) Business services – meaning and types. Banking: Types of bank accounts – savings, current, recurring, fixed deposit and multiple option deposit account

2) Banking services with particular reference to Bank Draft, Bank Overdraft, Cash credit. E-Banking meaning, Types of digital payments

3) Insurance – Principles. Types – life, health, fire and marine insurance – concept

Unit 5: Emerging Modes of Business

1) E – business: concept, scope and benefits

Unit 6: Social Responsibility of Business and Business Ethics

1) Concept of social responsibility

2) Case of social responsibility

3) Responsibility towards owners, investors, consumers, employees, government and community

4) Role of business in environment protection

CBSE Syllabus for Business Studies Term 2

Theory: 40 Marks
Duration: 2 Hours

Part B: Finance and Trade

Unit 7: Sources of Business Finance

1) Business finance: Concept and Importance

2) Owners’ funds- equity shares, preferences share, retained earnings, Global Depository receipt (GDR), American Depository Receipt (ADR) and International Depository Receipt (IDR) – concept

3) Borrowed funds: debentures and bonds, loan from financial institution and commercial banks, public deposits, trade credit

Unit 8: Small Business and Entrepreneurship Development

1) Entrepreneurship Development (ED): Concept, Characteristics and Need. Process of Entrepreneurship Development: Start-up India Scheme, ways to fund start-up. Intellectual Property Rights and Entrepreneurship

2) Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act)

3) Role of small business in India with special reference to rural areas

4) Government schemes and agencies for small scale industries: National Small Industries Corporation (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas

Unit 9: Internal Trade

1) Internal trade – meaning and types services rendered by a wholesaler and a retailer

2) Large scale retailers-Departmental stores, chain stores – concept

Unit 10: International Trade

1) International trade: concept and benefits

Class 11 Commerce Syllabus: Economics

Marks Distribution of the CBSE Class 11 Economics Syllabus 2021-22 Term 1

Theory: 40 Marks
Time: 90 minutes

CBSE Syllabus for Class 11 Economics Term 1

Part A: Statistics for Economics

In this course, learners are expected to acquire skills in collection, organisation and presentation of quantitative and qualitative information pertaining to various simple economic aspects systematically. It also intends to provide some basic statistical tools to analyse and interpret any economic information and draw appropriate inferences. In this process, the learners are also expected to understand the behaviour of various economic data.

Unit 1: Introduction

What is Economics?

Meaning, scope, functions and importance of statistics in Economics

Unit 2: Collection, Organisation and Presentation of data

Collection of data – sources of data – primary and secondary; how basic data is collected with concepts of Sampling; methods of collecting data; some important sources of secondary data: Census of India and National Sample Survey Organisation.

Organisation of Data: Meaning and types of variables; Frequency Distribution.

Presentation of Data: Tabular Presentation and Diagrammatic Presentation of Data: (i) Geometric forms (bar diagrams and pie diagrams), (ii) Frequency diagrams (histogram, polygon and Ogive) and (iii) Arithmetic line graphs (time series graph).

Unit 3: Statistical Tools and Interpretation

For all the numerical problems and solutions, the appropriate economic interpretation may be attempted. This means, the students need to solve the problems and provide interpretation for the results derived.

Measures of Central Tendency – Arithmetic mean, median and mode.

Part B: Introductory Microeconomics

Unit 4: Introduction

Meaning of microeconomics and macroeconomics; positive and normative economics.

What is an economy? Central problems of an economy: what, how and for whom to produce; concepts of production possibility frontier and opportunity cost.

Unit 5: Consumer’s Equilibrium and Demand

Consumer’s equilibrium – meaning of utility, marginal utility, law of diminishing marginal utility, conditions of consumer’s equilibrium using marginal utility analysis.

Indifference curve analysis of consumer’s equilibrium-the consumer’s budget (budget set and budget line), preferences of the consumer (indifference curve, indifference map) and conditions of consumer’s equilibrium.

Demand, market demand, determinants of demand, demand schedule, demand curve and its slope, movement along and shifts in the demand curve; price elasticity of demand – factors affecting price elasticity of demand; measurement of price elasticity of demand – percentage-change method.

Marks Distribution of the CBSE Class 11 Economics Syllabus 2021-22 Term 2

Theory: 40 Marks
Time: 2 Hrs

Part A: Statistics for Economics

Unit 3: Statistical Tools and Interpretation

Measures of Dispersion – absolute dispersion standard deviation); relative dispersion coefficient of variation)

Correlation – meaning and properties, scatter diagram; Measures of correlation – Karl Pearson’s method (two variables ungrouped data)

Introduction to Index Numbers – meaning, types – wholesale price index, consumer price index, uses of index numbers; Inflation and index numbers.

Part B: Introductory Microeconomics

Unit 6: Producer Behaviour and Supply

Meaning of Production Function – Short-Run and Long-Run Total Product, Average Product and Marginal Product. Returns to a Factor

Cost: Short run costs – total cost, total fixed cost, total variable cost; Average cost; Average fixed cost, average variable cost and marginal cost-meaning and their relationships.

Revenue – total, average and marginal revenue – meaning and their relationship.

Supply, market supply, determinants of supply, supply schedule, supply curve and its slope, movements along and shifts in supply curve, price elasticity of supply; measurement of price elasticity of supply – percentage-change method.

Unit 7: Forms of Market and Price Determination under Perfect Competition with simple applications.

Perfect competition – Features; Determination of market equilibrium and effects of shifts in demand and supply.

Simple Applications of Demand and Supply: Price ceiling, price floor.

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