syllabi 10+1 voc streams - Government Senior Secondary School ...

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(vii) Communication : postal, telegraph and recent trends in communication, fax, internet, email,
video-conferencing.
Part B
Economics
(ii) Definition and scope of Economics, the economic activities of man, subject matter of
economics, fundamental concepts - wealth, goods,utility, value and price, consumption,
human wants and their satisfaction, laws of diminishing and equi-marginal utility,
demand, law of demand and elasticity of demand. Supply, law of supply and elasticity of
supply.
(iii) Production: Meaning and factors of production; Land and its productivity, Labour;
Meaning, features of labour, division of labour, efficiency of labour, mobility of labour,
Capital : Meaning and functions; Entrepreneurship: Meaning, features and significance.
PAPER-III BOOK KEEPING AND ACCOUNTANCY
Time : 2:30 hrs. Theory Marks: 45
Part A Int. Ass./CCE: 20
SEMESTER-I Total Marks : 65
Unit I Introduction to Accounting
� Accounting Meaning, Accounting as source of information, internal and external users of
accounting information and their needs, Advantages and limitations of Accounting. Difference
between book-keeping and Accountancy.
� Basic Accountancy terms - Asset, Liability, Capital, Expense, Income, Expenditure, Revenue,
Debtor, Creditor, Goods, Cost, Gain, Stock, Purchase, Sale, Loss, Profit, Voucher, Discount :
Cash and Trade discount, Transactions.
Unit II Recording Businses transactions
� Voucher and Transactions : Origin of Transactions-Source Documents and Vouchers,
Preparation of Vouchers, Accounting Equation Approach-Meaning and Analysis of
transactions using Accounting equations, Rules of Debit and Credit.
� Recording of Transactions : Books of original entry : Journal, Special Purpose Books (a) Cash
Books-Simple, Cash book with Bank column and Petty Cash book, (b) Purchase Book (c) Sales
Book (d) Purchase Returns Book (e) Sale Returns book (f) Bills Receivable Book (g) Bills
Payable Book.
Unit V Accounting for Bills of Exchange
PART-B
� Bills of Exchange and Promissory Note : Definition, Features, Parties, Specimen and
Distinction.
� Important Terms : Term of Bill, Concept of Accommondation Bill, Days of Grace, Date of
Maturity, Bill at Sight, Bill After Date, negotiation, Endorsement, Discounting of Bell,
Dishonour, Retirement and Renewal of a Bill, Insolvency of a Acceptor.
� Accounting treatment of Bill Transactions.
Unit VI Depreciation of Assets.
� Depreciation : Meaning and need for charging depreciation, Factor affecting Depreciation,
Methods of Depreciation-Straight Line Method, Written Down Value Method (Excluding
change in method), Method of Recording Depreciation charging to Assets Account, Treatment
of Disposal of Assets.