Welcome to the alifadab.com. Today we share Principles of Accounting notes for ICOM part 1. Accounting is an essential subject for ecommerce (I.COM) students. Understanding the basic principles of accounting develops a strong foundation in the fields of finance, business, and management, etc. We offer a quality Accounting keybook that is understandable and also helps students to learn this subject more effectively.
Importance of the Principles of Accounting Subject
Principle of Accounting teaches students about the basic concepts of financial transactions, record-keeping, preparing financial statements, etc. Students of ICOM learn about how businesses track their financial performance and how they calculate profits and maintain records. With the help of Accounting any business can estimate their progress and can make up-to-date financial decisions.
This subject opens career opportunities for students in many fields like finance, business management, entrepreneurship, and more. These Principles of Accounting notes are top-quality and help students to learn each concept clearly. Our educators add clear explanations, solved numerical exercises, and key points of all chapters to simplify the learning process. These notes are accessible for all and you can get them online in PDF format or read them online.
Other Subjects Notes for Class 11th Part 1
- Urdu Notes Class 11th
- Biology Notes Class 11th
- Chemistry Notes Class 11th
- FA/FSc 1st Year Physics Notes
- English Notes Class 11th First year
- Download Computer Notes Class 11th
- Mathematics Notes Class 11th FA/FSc
- Islamiyat Notes Class 11th FA/F.Sc/ICS/I.COM
- Statistics Notes for Class 11th First Year Part 1
Chapter Wise Principles of Accounting Notes for Class 11th
| Chapters Name | Get Notes |
| 1 – Introduction | Short Answers |
| 2 – Transaction and Accounting Equation | Numericals Short Answers |
| 3 – Analysis of Business Transactions and Double Entry System | Numericals Short Answers |
| 4 – Journal: The Original Book of Entry | Numericals Short Answers |
| 5 – Ledger: The Main Book of Accounts | Numericals Short Answers |
| 6 – Accounting for Bills of Exchange | Numericals Short Answers |
| 7 – Special Journals | Numericals Short Answers |
| 8 – Cash Book and Bank Reconciliation Statement | Numericals Short Answers |
| 9 – Final Accounts: The Completion of the Accounting Cycle | Numericals Short Answers |
| 10 – Adjustments and Their Effects on Final Accounts | Numericals Short Answers |
| 11 – Work Sheet | Numericals Short Answers |
| 12 – Financial Statements | Numericals Short Answers |
| 13 – Capital and Revenue | Numericals Short Answers |
| 14 – Rectifying the Errors | Numericals Short Answers |
In conclusion our Principles of Accounting key book for class 11th I.COM first year is best for commerce students. These notes give a solid foundation for further accounting and business studies. We ensure that our educators cover all chapters with solved numerical and important short answers that help students for preparation of examinations. With the help of these notes, students perform well in accounting exams with confidence. So get these key books and start learning the Principles of Accounting subject.
