CENTRAL MODERN SCHOOL

Session: 2022-23

ASSIGNMENTS FOR CLASS XI

ACCOUNTS

TOPIC: FINAL ACCOUNTS OF SOLE PROPRIETORSHIP

INTRODUCTION

What is meant by a sole proprietorship business?

BODY

Why are final accounts prepared?

Explain Trading account, Profit and Loss account and Balance Sheet.

DO TWO PROBLEMS ONE WITH ADJUSTMENTS AND THE OTHER WITHOUT ADJUSTMENT.

You must include the following:

CONCLUSION

ACKNOWLEDGEMENT

BIBLIOGRPHY

(1200 WORDS APPROX.)

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N.B- i) ASSIGNMENT TO BE DONE IN FILE

ii) COVER IT WITH WHITE CHART PAPER

iii) AFTER COVERING WITH WHITE CHART PAPER WRITE THE SUBJECT NAME, THEN

COVER IT WITH CELLOPHANE PAPER.

iv) WRITE YOUR NAME AND CLASS AT THE RIGHT HAND CORNER BELOW

v) AFTER COMPLETING THE POINTS iii and iv COVER IT WITH CELLOPHANE PAPER.

vi) THEN IN THE FIRST PAGE WRITE ALL YOUR DETAILS, LIKE- NAME, CLASS, SECTION,

ROLL NUMBER, UID NUMBER.

vii) ON THE NEXT PAGE GIVE THE CONTENTS OF THE PROJECT

viii) USE BLACK INK TO WRITE THE PROJECT, AVOID USING UNNECESSARY COLOURS,

YOU CAN PASTE RELEVANT PICTURES, UNDERLINE THE HEADS AND SUB-HEADS.

ix) THE PROJECT MUST BE NEATLY DONE.

DATE OF SUBMISSION: To be informed later.