011-40705070  or  
Call me
Download our Mobile App
Select Board & Class
  • Select Board
  • Select Class
Accountancy Plus Sample Video
Share this Video:

What is Accountancy Plus

  • Live interactive classes with Meritnation faculty teaching over the web
  • Limited batches with 25 students per class
  • Curriculum designed to help you prepare for CBSE Commerce XI and XII
  • A seamless blend of the Meritnation program with high quality teachers, brings a new age tuition solution, to your home.
Best Teacher

The Best Teachers

  • Highly qualified
  • Supportive learning environment
  • Standardised teaching using the Meritnation Plus course plan

Live Interactive Classes

  • State-of-the-art E-Tutoring platform
  • Ask your doubts and get them solved immediately
  • Participate in interactive sessions & also learn from other participants

The Most Convenient Way to Study

  • Learn from the comfort of your home
  • Convenient batch timings in the evenings & weekends
  • Watch recorded classes if you miss a session
comp_prep_program

A Comprehensive Preparation Program

  • More than 100 sessions for Accountancy
  • Regular tests to make sure you excel
  • Doubt clearing sessions
all_feats

And All the Great Meritnation Features You Love

  • Exhaustive Study Material with 9000+ Animated Videos & Interactive Exercises
  • Homework Help with NCERT Solutions, Textbook Solutions, Ask & Answer
  • Exam Prep with 500+ Chapter Tests & Sample Papers
Select Batch Class XI-Commerce
Chapters
Class Name
Introduction to Accounting
  • Introduction to Commerce Stream and a Basic Overview of Accountancy as a Subject, its Role and Branches
  • Accounting Process, Meaning and Difference between Accountancy, Book-Keeping and Accounting
  • Systems of Book-Keeping, Accounting Information and Accounting Users
  • Doubt Session: Introduction to Accounting
Theory Base of Accounting
  • GAAPs: Introduction and an Overview, Fundamental Accounting Assumptions and Concepts
  • Basic Accounting Principles
  • Practice Session: Accounting Assumptions, Concepts and Principles
  • Cash Basis v/s Accrual Basis; Accounting Standards and IFRS
  • Doubt Session: Theory Base of Accounting
Recording of Transactions- I
  • Introduction to Source Documents and Vouchers & How to Prepare them?
  • Accounting Equation: Meaning and its Preparation
  • Meaning of Debit and Credit & Classification of Accounts
  • Practice Session: Accounting Equation and Classification of Accounts
  • Journal: Meaning and Procedure for Recording
  • Recording in Journal
  • Treatment of Specific Entries
  • Practice Session: Comprehensive Examples of Journal Entries
  • Ledger Posting and Balancing
  • Practice Session: Comprehensive Examples of Ledger Posting
  • Doubt Session: Recording of Transactions- I
Recording of Transactions- II
  • Introduction to Subsidiary Books & Cash Book
  • Simple Cash Book and Double Column Cash Book (with Cash & Discount Columns)
  • Double Coloumn Cash Book (with Cash & Bank Columns)
  • Special Transactions related to Cash Book
  • Special Transactions related to Cash Book- contd.
  • Practice Session: Comprehensive Examples of Simple and Double Column Cash Book
  • Triple Column Cash Book & Imprest System
  • Purchases and Purchases Return Book
  • Sales and Sales Return Book
  • Journal Proper and Other Subsidiary Books
  • Practice Session: Comprehensive Examples of Subsidiary Books
  • Doubt Session: Recording of Transactions- II
Bank Reconciliation Statement
  • BRS: Meaning, Need and Causes of Difference
  • Steps to Prepare BRS: Favourable & Unfavourable Balance of Cash Book
  • Practice Session: Favourable & Unfavourable Balance of Cash Book
  • Steps to Prepare BRS: Favourable & Unfavourable Balance of Pass Book
  • Practice Session: Favourable & Unfavourable Balance of Pass Book
  • Preparation of Adjusted Cash Book
  • Doubt Session: Bank Reconciliation Statement
Trial Balance
  • Trial Balance- Meaning, Objectives and Specimen
  • Methods of Preparing a Trial Balance
  • Practice Session: Methods of Preparing a Trial Balance
  • Doubt Session: Trial Balance
Rectification of Errors
  • Meaning and Types of Errors
  • Two-sided Errors and their Rectification
  • Practice Session: Two-sided Errors
  • One-sided Errors and their Rectification
  • Practice Session: One-sided Errors
  • Doubt Session: Rectification of Errors
Depreciation, Provisions and Reserves
  • Concept of Depreciation and Methods of Recording Depreciation
  • Methods of Charging Depreciation: Straight Line and Written-Down Value Method
  • Practice Session: Straight Line Method and Written-Down Value Method
  • Machinery Disposal Account
  • Provisions and Reserves
  • Doubt Session: Depreciation, Provisions & Reserves
Bills of Exchange
  • Introduction to Bills of Exchange & Promissory Notes, Discussing Important Terms
  • Accounting Treatment of Bill Retained till Maturity and Bill Discounted with Bank
  • Accounting Treatment of Endorsement of Bill and Bill sent to Bank for Collection
  • Practice Session: Bill Retained till Maturity, Bill Discounted, Endorsement and Bill sent for Collection
  • Accounting Treatment of Dishonour of Bill and Insolvency of Drawee/Acceptor
  • Renewal and Retirement
  • Practice Session: Dishonour, Insolvency, Renewal and Retirement
  • Accommodation Bill and its Cases
  • Doubt Session: Bills of Exchange
Financial Statements of a Sole Proprietor
  • Financial Statements of a Sole Proprietor
  • Trading and P&L Account
  • Preparation of Balance Sheet: Grouping, Marshalling and Classification of Assets & Liabilities
  • Presentation of Financial Statements- Vertical and Horizontal
  • Practice Session: Comprehensive Examples
  • Doubt Session: Financial Statements of a Sole Proprietor
Adjustments in Financial Statements
  • Treatment of Closing Stock, Outstanding Expenses, Prepaid Expenses, Accrued Income & Income received in Advance
  • Treatment of Depreciation, Amortisation; Interest on Capital, on Drawings and on Loan
  • Treatment of Adjustments related to Goods
  • Practice Session: Recall of Adjustments
  • Treatment of Adjustments related to Debtors & Creditors
  • Practice Session: Bad-debts and related Adjustments
  • Manager's Commission
  • Doubt Session: Adjustments in Financial Statements
Accounting for Incomplete Records
  • Concept of Incomplete Records
  • Methods to Ascertain Profit or Loss- Statement of Affairs Method
  • Practice Session: Statement of Affairs Method
  • Methods to Ascertain Profit or Loss- Alternative Method
  • Practice Session: Alternative Method of Ascertaining Profit or Loss
  • Doubt Session: Accounts for Incomplete Records
Accounting for Not-for-Profit Organisations
  • Introduction to Not-for-Profit Organisation & Receipts and Payments Account
  • Income and Expenditure Account
  • Practice Session: Income and Expenditure Account
  • Balance Sheet and Ascertainment of Capital Fund
  • Practice Session: Balance Sheet and Ascertainment of Capital Fund
  • Subscription
  • Practice Session: Subscription A/c
  • Fund Based Accounting and Treatment of Various Receipts
  • Treatment of Entrance Fees, Life Membership Fees and Special Receipts
  • Treatment of Donations, Legacies and Government Aid
  • Practice Session-1: Comprehensive Examples
  • Treatment of Sale of Old Assets, Used Sports Material and Old Newspapers; Honorarium and Consumable Goods
  • Practice Session-2: Comprehensive Examples
  • Doubt Session: Accounting for Not for Profit Organisations
Final Brush up
  • Doubt Session-1: Complete Syllabus
  • Doubt Session-2: Complete Syllabus
Exam Sprints
  • Revision Session-1: Important Questions
  • Revision Session-2: Important Questions
  • Revision Session-3: Important Questions
Accounting for Partnership- Basic Concepts
  • Nature of Partnership & Partnership Deed
  • Profit and Loss Appropriation Account
  • P&L Appropriation A/c- Contd. and Introduction to Partners' Capital A/c
  • Partners' Capital Accounts- Fluctuating Method
  • Interest on Partners' Capitals
  • Interest on Partners' Drawings
  • Interest on Partners' Loan, Partners' Salary & Commission
  • Practice Session: P&L Appropriation A/c and Partners' Capital A/c
  • Guarantee of Profits
  • Past Adjustments
  • Practice Session: Past Adjustments
  • Doubt Session: Accounting for Partnership- Basic Concepts
Reconstitution due to Change in Profit Sharing Ratio
  • Reconstitution due to Change in Profit Sharing Ratio
  • Practice Session: Reconstitution due to Change in Profit Sharing Ratio
  • Doubt Session: Reconstitution due to Change in Profit Sharing Ratio
Reconstitution of Partnership- Admission of a Partner
  • Calculation of New Ratio, Sacrificing Ratio & Concept of Goodwill
  • Methods of Valuation of Goodwill
  • Treatment of Goodwill
  • Treatment of Goodwill (contd.) and Hidden Goodwill
  • Practice Session-1: Calculation of New Ratio & Sacrificing Ratio, Valuation of Goodwill
  • Practice Session-2: Treatment of Goodwill and Hidden Goodwill
  • Preparation of Revaluation A/c, Partners' Capital A/c, Cash A/c and New Balance Sheet
  • Adjustment of Accumulated Profits and Losses
  • Practice Session: Comprehensive Examples
  • Adjustment of Capital
  • Doubt Session: Admission of a Partner
Reconstitution of a Partnership Firm-Retirement/Death of a Partner
  • Retirement/Death- Calculation of New Profit Sharing Ratio and Treatment of Goodwill
  • Preparation of Revaluation A/c & Partners' Capital A/c and Adjustment of Accumulated Profits & Losses
  • Practice Session: Comprehensive Examples
  • Treatment of Joint Life Policy in case of Retirement and Death
  • Adjustment of Partners' Capital Accounts
  • Death of a Partner
  • Practice Session: Cases of JLP and Adjustment of Capital
  • Doubt Session: Retirement/Death of a Partner
Dissolution of a Partnership Firm
  • Introduction to Dissolution of a Partnership Firm
  • Realisation Account
  • Cases of Realisation Expenses
  • Treatment of Partner's Loan, JLP and IFF
  • Treatment of Goodwill, WCF and Contingency Reserves
  • Preparation of Partners' Capital Accounts and Cash Account
  • Practice Session: Comprehensive Examples
  • Doubt Session: Dissolution of a Partnership Firm
Accounting for Share Capital
  • Introduction to Company
  • Share Capital & its Categories and Types of Shares
  • Lump-Sum Issue of Shares for Cash- At Par, Premium and Discount
  • Instalment Issue of Shares for Cash- At Par, Premium and Discount
  • Issue of Shares for Consideration other than Cash
  • Full-Subscription, Under-Subscription and Over-Subscription
  • Pro-Rata Allotment
  • Calls-in-Arrears and Calls-in-Advance
  • Forfeiture of Shares
  • Forfeiture of Shares which were originally Issued at Premium
  • Practice Session: Comprehensive Examples
  • Doubt Session: Issue & Forfeiture of Shares
  • Reissue of Forfeited Shares
  • Transfer of Balance to Capital Reserve Account
  • Disclosure of Share Capital in Company's Balance Sheet
  • Practice Session: Reissue of Shares and Disclosure of Share Capital in Balance Sheet
  • Doubt Session: Comprehensive Examples
Issue and Redemption of Debentures
  • Introduction to Debentures & Lump-sum Issue
  • Issue of Debentures for Cash: Issue in Instalments
  • Issue of Debentures for Consideration other than Cash
  • Issue of Debentures as Collateral Security
  • Over-Subscription and Pro-Rata Allotment
  • Interest on Debentures
  • Practice Session: Issue of Debentures
  • Issue of Debentures with respect to Redemption Terms
  • Issue of Debentures with respect to Redemption Terms- Contd.
  • Redemption of Debentures
  • Redemption in Lump-sum
  • Redemption by Draw of Lots
  • Practice Session: Issue of Debentures with respect to Redemption Terms; Redemption Methods: Lump-sum and Draw of Lots
  • Redemption by Purchase in Open Market
  • Doubt Session: Issue and Redemption of Debentures
Financial Statements of a Company
  • Introduction to Financial Statements
  • Income Statements
  • Company's Balance Sheet
  • Company's Balance Sheet- Contd.
  • Doubt Session: Financial Statements of a Company
Analysis of Financial Statements
  • Introduction to Financial Analysis
  • Comparative Financial Statements
  • Common Size Statements
  • Doubt Session: Analysis of Financial Statements
Accounting Ratios
  • Meaning of Accounting Ratios
  • Liquidity Ratios
  • Solvency Ratios
  • Turnover Ratios
  • Practice Session: Liquidity Ratios, Solvency Ratios and Turnover Ratios
  • Turnover Ratios- Contd.
  • Profitability Ratios
  • Profitability Ratios- Contd.
  • Practice Session: Turnover Ratios and Profitability Ratios
  • Doubt Session: Accounting Ratios
Cash Flow Statement
  • Introduction to Cash Flow Statement
  • Format and Steps to Prepare Cash Flow Statement
  • Adjustments based on Net Profit
  • Proposed Dividend and Interim Dividend
  • Provision for Tax
  • Practice Session: Treatment of Proposed Dividend, Provision for Tax and Adjustments on Net Profit
  • Preparation of Fixed Assets Account and Provision for Depreciation Account
  • Interest on Long-term Borrowings and Debentures
  • Practice Session: Adjustments related to Fixed Assets & Prov. for Dep. & Treatment of Interest on Long-term Borrowings
  • Doubt Session: Cash Flow Statement
Final Brush up
  • Doubt Session-1: Complete Syllabus
  • Doubt Session-2: Complete Syllabus
Exam Sprints
  • Sure-Shot Questions
  • Sure-Shot Questions
This sounds great! I want to Join Now