CHOITHRAM SCHOOL, MANIK BAGH, INDORE

ANNUAL CURRICULUM PLAN SESSION 2020-2021

TARGET GROUP: CLASS XI

SUBJECT AREAS: Accountancy

Month & Learning

Theme/ Sub-theme Activities
working Days Learning Objectives Outcome Assessme
and Resources
nt
Subject Specific Behavioral
(Content Based) (Application based)
MAY -JUNE (I)Introduction to After completion of this chapter To familiarize the Reference books They will explain
accounting student will be able to students with the meaning, importance Class
 Objectives understand: accounting as an Self made work sheet & limitations of Test
 Advantages and Meaning, definition and process information system. Accounting. (written
limitations. of Accounting. Test ):
Activity (to introduce the
 Types of Accounting To acquaint the students They will Set of
lesson): Probing
 Users of accounting Differentiate between Book with basic concepts of differentiate between Questions
keeping and Accounting. accounting. questions based on Story Accounting and will be
information
Telling related to Bookkeeping. prepared
Identify users of Accounting purchase and sell of based on
information articles. Bloom’s
Taxonom
To develop the skills of
To describe objectives, merits & y.
using accounting equation
limitations of accounting in the
in processing business
modem economic environment
transactions.
with varied types of business and Students will learn
non-business economic entities. various accounting
terms.

Basic Accounting Terms To give examples of terms like

Business transaction,
Account, Capital, Liability,
Asset, Receipts, Expenditure,
Bill payable, Bills receivable,
business transaction, assets, Story telling
liabilities, receipts, expenditure,
sales and purchases. Story of kirana shop
keeper will be narrated
 Vouchers, Cash and Trade To differentiate among income, who sells goods in his Verbal
discount, Bad Debts, Gain, profits and gains. locality on credit and Assessme
Profit, Depreciation, cash.( Basis of nt of
Expenses, Debtors, Creditors, Accounting) Students will Basic
Purchases, Sales, etc. understand concept, Terms
application &
Interpretation of
Accounting Equation accounting equation
Know application of accounting Student will be able to: and draw
equation & Interpret Accounting Analyze the effect of conclusions.
Equation transactions on
accounting equation. Students will be able
to calculate income
Knows the relationship through cash and Class
between asset, liabilities accrual basis of Test
and capital. accounting. (written
Test ):
Set of
Basis of Accounting
Questions
 Cash and accrual basis To explain the bases of recording They will be able to .
will be
accounting transaction and to analyze accounting .
prepared
appreciate that accrual basis is a transactions on accrual
based on
better basis for depicting the basis and cash basis.
Bloom’s
correct financial position of an Taxonomy
enterprise They will differentiate
between accrual basis
and cash basis system.

Skill: Learn dealing with

people
Value: Learning .

JULY Rules of Debit and Credit- Synthesis meaning of Account, Significance of debit and Synthesis meaning Class
Traditional Approach and Debit and Credit. credit in accounts. of Account, Debit Test
Modern Approach. Explain the Classification of Significance of various and Credit. (written
Accounts balances. Explain the Test ):
Classification of Accounts Understand the Rules of To develop an Classification of Set of
 Accounting understanding about Accounts o the basis Questions
Meaning of Debit and Credit recording of business of nature. will be
transactions in double Understand the Rules prepared
entry system of of Accounting based on
accounting. Bloom’s
Taxonomy
Journal
Meaning and Advantages of Describe the various steps in How to Journalize entries Activity (to support Describe the various
Journal. Journalizing learning): steps in Journalizing
Draw the format and
Journal entries. Draw the format and Journalize Show-casing of real life Journalize the
the Transact account books . ( Journal) Transaction
Self made worksheet

Theory Base of Accounting Probing questions to

To state the meaning of Understand the They will understand
Accounting Assumptions the students for
fundamental accounting importance of different the accounting
 Going Concern building concept of
assumptions and their relevance concepts in business standards
 Accrual assumption and
in accounting.
principles
 Consistency Understandability of Children will
Accounting Principles To describe the meaning of Accounting principles describe accounting
 Separate Entity accounting principles and the and Assumptions. principles and
 Accounting period situation in which a principle is assumption
 Money measurement applied during the accounting They will be able to co-
 Full disclosure process. relate accounting Students will explain
 Matching concept principles in real life different accounting
 Cost concept financial transactions. principles and
 Prudence concept assumption.
Skill :Children will be
 Materiality concept
able to accepts different
 Revenue Recognition
accounting standards
concept
which are practiced
 Dual Aspect nationally
August Vouchers :- They will know about the Explanations and Know different Class
Source Documents different types of different types of types of Vouchers Test
 Debit Note and Credit .Know different types of vouchers to be prepared vouchers and source and source (written
Note Vouchers and source documents. under different situations. documents will be shown documents. Test ):
 Cheques to them. Explain the Set of
 Cash memo Explain the preparation of They will be able to preparation of Questions
 Bills and Invoice accounting vouchers. differentiate between accounting will be
cash vouchers and non vouchers. prepared
 Pay – in - slip
cash vouchers, debit based on
Vouchers
voucher and credit Bloom’s
Accounting and Non
voucher, etc. Taxonomy
Accounting Vouchers-

Activity: Prepare /
PROJECT WORK arrange different types of
vouchers and source
documents and paste it in
copy.
(II)Subsidiary Books –
Sub- Division of journal Understand the need for special Understand the need
 Purchase Book purpose books; for special purpose
books;
 Sales Book
Record the transaction in the Record the
 Purchase Return Book
special purpose books; transaction in the
 Sales Return Book Enable to post the entries from special purpose books
 Cash Book- the special purpose book to the
Types of cash book ledger and their balancing Enable to post the
entries from the
Describe the Meaning, need special purpose book
advantages and types of Cash to the ledger and their
Book balancing.
Describe the
Meaning, need
advantages and types
of Cash Book
 Ledger Record transactions and posting Distinguish between Different students can be To integrate different
 Posting to ledger in ledger journal and ledger assigned different information.
accounts. accounts to explain To deal with real life
 Balancing of Knows the importance Ledger situation.
Accounts of ledger accounting. They will learn about
double entry system
Posting of entries to of accounting.
Ledger.

Balancing of Accounts
Skill: Analysis
Value: Order/Sequence
Discipline of financial
records

September Trial balance State the need and objectives of Will be able to check the Practical questions from Understand the Class
 Meaning preparing trial balance and arithmetical accuracy of work sheet concept of Trial Test
 Objective develop the skill of preparing trial account Roll play activity- Balance (written
 Preparation of trial balance. enacting the role of Able to Prepare Test ):
balance Know how to prepare the different parties. Trial Balance Set of
 Methods of preparing trial balance Ledger balances will be Prepare Suspense a/c Questions
trial balance given to the students and will be
students will prepare Trial prepared
Balance. based on
Student will collect the Bloom’s
ledger balances from Taxonomy
different reference books
and they will prepare Trial
Balance.

October Bank reconciliation. To appreciate that at times bank Understand the Specimen of Bank Pass Student will be able Class
 Meaning balance as indicated by cash book importance of Bank Book will be shown to to understand the Test
 Importance of bank is different from the bank balance reconciliation the students. reason for difference (written
reconciliation as shown by the pass book / bank Work sheet, Reference between pass book Test ):
 Methods of preparing statement and to reconcile both Distinguish between book balance and cash Set of
trial balance the balances, bank reconciliation bank passbook and book balance. Questions
  Cash book /Pass book
(II)Depreciation:
Concept and need
Factors affecting depreciation
Methods of depreciation
Asset disposal account.
Provisions and Reserves:
Concept
Objectives
Types of reserves
Difference between
provisions and reserves.
statement is prepared.
To develop understanding of
preparing bank reconciliation
statement.
To explain the necessity of
providing depreciation and
develop the skill of using
different methods for computing
depreciation.
To understand the accounting
treatment of providing
depreciation directly to the
concerned asset account or by
creating provision for
depreciation account.
To appreciate the method of asset
disposal.
To appreciate the need for
creating reserves and also making
provisions for events which may
belong to the current year but
may happen in next year?
To appreciate the difference
between reserve and reserve fund.
cashbook will be
prepared
Reasons for difference in based on
pass book and cash book. Bloom’s
Taxonomy
Students will be able to Activity – Explain the necessity
know the need and Students will be told to of providing
importance of prepare a list of assets depreciation and
depreciation in business. surrounding him on which develop the skill of
Identify appropriate depreciation is charged. using different
Method of depreciation. methods for
Learn to calculate profit computing
or loss on sale of asset. depreciation.
Understand the
accounting treatment
of providing
depreciation directly
to the concerned asset
account or by
creating provision for
depreciation account.
learn about the
methods of asset
disposal
Student will be able to Give difference
know the different types between reserve and
of reserves and their reserve fund.
creation.
They understand the
difference between
provision and reserves.
November Bill of Exchange:(Contd.) To acquire the knowledge of
 Meaning and concept using bills of exchange and
 Parties to bill of promissory notes for financing
exchange business transactions;
 Important terms used
in bills To understand the meaning and
 Accounting treatment distinctive features of these
of bill of exchange.
instruments and develop the
skills of their preparation.
To state the meaning of different
terms used in bills of exchange
and their implication in
accounting.
To explain the method of
recording of bill transactions.
To explain the method of
recording of bill transactions.
December Financial statements of To enable students to
Sole-Proprietorship understand concept of final
 Objectives account with and without
 Importance adjustments.
 Profit & loss A/C
 Balance Sheet Differentiate between trading &
 Importance of Balance profit and loss account and Trial
Sheet Balance and Balance sheet.
Financial statements.(With
adjustments) Understand the placement of
Adjustments related to different accounts in Trading
 Incomes Account, Profit and Loss Account
and Balance Sheet without
 Expenses
adjustments.
 Provisions
Students will be able to : Have the knowledge
Define different of using bills of
instruments used for exchange and
credit transactions. promissory notes for
financing business
Define important terms transactions;
used in bill of exchange
State the meaning of
Know the Parties to bill different terms used
of exchange. in bills of exchange
and their implication
in accounting.
Explain the method
of recording of bill
transactions.
Students will be able to : Practical questions from Student will learn to Questions
Know the importance of worksheet. Understand concept will be
financial statements of final account with given for
and without practice
Calculate Gross, Project: File Preparation adjustments. from
Operating and Net Profit various
Differentiate between reference
Distinguish between trading & profit and book.
gross and Net profit loss account and Trial
Balance and Balance
Distinguish between sheet.
Profit and loss A/C and
Balance Sheet Prepare final accounts
with placement of
  Commission Understand the meaning of Analyze the adjustments different accounts in
 Losses adjustment entries and its related to financial Trading Account,
 Drawings treatment in final accounts. accounts. Profit and Loss
 Closing stock Account and Balance
Understand the preparation of Skill: Analysis, Problem Sheet without
Final Accounts with Adjustments solving adjustments.

Understand the
meaning of
adjustment entries
and its treatment in
final accounts.

Prepare final accounts

with placement of
different adjustments
in Final Accounts.

Accounts from Incomplete Explain the meaning of Students will be able to : Explain the meaning Similar
Records Incomplete Records Understand the Single of Incomplete questions
 Meaning and To know how to prepare accounts and Double Entry system Records will be
Importance from incomplete records – of Accounting Prepare accounts given
 Limitations Preparation of statement of affairs from incomplete from
and calculation of profit. Distinguish between records – Preparation reference
 Statement of
Balance Sheet and of statement of affairs book for
affairs method
Statement of Affairs and calculation of practice
Method. profit.
PROJECT Work
To integrate different
Understand to calculate information.
the profit by statement of To deal with real life
Affairs Method. situation.

January 2021 Rectification of errors: To appreciate that errors may be Recognize and classify Practical questions from Appreciate that errors Work
 Types of errors committed during the process of different errors . worksheet. may be committed sheet on
 Their effect on trial accounting. during the process of Rectificat
balance Rectify different errors. accounting. ion of
 Detection and
rectification of errors
 Suspense account
REVISION
To understand the meaning of
different types of errors and their errors affecting trial
effect on trial balance.
To develop the skill of
identification and location of
errors and their rectification and
preparation of suspense account
Distinguish between Understand the errors
meaning of different will be
balance and errors not types of errors and solved .
affecting trial balance. their effect on trial
balance.
Develop the skill of
identification and
location of errors and
their rectification and
preparation of
suspense account.