Sources of business finance cbse notes for class 11 business studies concept nature and significance of business finance quick review introduction every business enterprise weather big or small needs financed carry on its operation. Cbse class 11 accountancy is comprised of a total of 15 chapters i e.
Revision Notes Class 11 Accountancy Chapter 1 Part 1 Revision Notes Chapter Notes
A business cannot function unless adequate funds are.
Class 11 finance notes. Introduction to accounting theory base of accounting recording of transaction i recording of transaction ii bank reconciliation statement trial balance and rectification of errors depreciation provision and reserves bill of exchange financial statements i financial statements ii accounts from incomplete records applications of computers in accounting computerised accounting system structuring. The business studies class 11 notes provided below here will help you to understand the fundamental basics of the subject. Finance is needed at every stage in the life of a business.
The term finance means money or fund. Cbse class 11 business studies notes are designed to ensure that you score the highest possible marks while studying smart with excellent study material. The requirements of funds by business to carry out its various activities is called business finance.
Cbse revision notes for class 11 are provided so that the students pay attention to what is being taught because it sets the base for their board examination the next year it is important that students can score well and complete their exam on time so that they can go through their answers before submission. Concept of business finance. Accounting can be defined as a process of reporting recording interpreting and summarising economic data.
Sources of business finance class 11 notes business studies. The introduction of accounting helps the decision makers of a company to make effective choices by providing information on the financial status of the business. The importance of finance increased tremendously these days because of mass production and use of capital intensive techniques.
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