The Class 11 Accountancy Book Financial Accounting I is NCERT’s 7-chapter accountancy text for Class 11, and every chapter’s official PDF is linked on this page. The book runs 276 printed pages in its current rationalised edition.
The PDF alone will not tell you what is inside each chapter. This page adds that: each chapter’s named sections, activities and indexed figures, with the printed page each one sits on. Skim the chapter-by-chapter breakdown below to find the section you need before opening any file.
Class 11 Accountancy Book Financial Accounting I: Official PDF and Chapters
Official files: every link below is NCERT’s own PDF, hosted on ncert.nic.in and free to download — no aggregator, no sign-in.
The table lists each chapter with its number, title, pages in the printed book, and the official ncert.nic.in link. For example, the official Chapter 1 PDF opens Introduction to Accounting straight from the textbook’s own domain.
| Ch. | Chapter | Pages | Official PDF |
|---|---|---|---|
| 1 | Introduction to Accounting | 24 | |
| 2 | Theory Base of Accounting | 21 | |
| 3 | Recording of Transactions-I | 53 | |
| 4 | Recording of Transactions-II | 61 | |
| 5 | Bank Reconciliation Statement | 20 | |
| 6 | Trial Balance and Rectification of Errors | 46 | |
| 7 | Depreciation, Provisions and Reserves | 51 |
At a Glance: Chapters, Pages and Figures
- 7 chapters in the book, each with its own official chapter PDF in the table above.
- 276 printed pages across the seven chapters.
- 90 named sections indexed from the textbook.
- 8 verified numbered figures indexed from the textbook.
- 2 activities, both in Chapter 2.
Three study bands. The book reads in three parts, and most students revise band by band:
| Band | Chapters | Pages | What it teaches |
|---|---|---|---|
| Foundations | Chapters 1-2 | pp. 1-45 | What accounting is, who uses the information, and the rules every entry follows. |
| Recording | Chapters 3-4 | pp. 46-159 | Daily recording practice: accounting equation, debit and credit, journal, ledger, cash book, sales book. |
| Verification and adjustment | Chapters 5-7 | pp. 160-276 | Checking and adjusting: bank reconciliation, trial balance, error rectification, depreciation, provisions and reserves. |
Textbook contents and the examinable syllabus are not always identical — check the current official syllabus before deciding what to study.
What Is Inside Each Chapter
| Ch. | Chapter | Sections | Activities | Figures | Questions |
|---|---|---|---|---|---|
| 1 | Introduction to Accounting | 19 | — | 4 | — |
| 2 | Theory Base of Accounting | 11 | 2 | — | — |
| 3 | Recording of Transactions-I | 10 | — | 1 | — |
| 4 | Recording of Transactions-II | 4 | — | 1 | — |
| 5 | Bank Reconciliation Statement | 4 | — | — | — |
| 6 | Trial Balance and Rectification of Errors | 13 | — | — | — |
| 7 | Depreciation, Provisions and Reserves | 29 | — | 2 | — |
Four counts appear in the directory. A section is one of NCERT’s numbered headings — 3.2 Accounting Equation, for example. A figure is a numbered figure indexed from the book. A question is a numbered end-of-chapter exercise item. An activity is a hands-on task printed in the chapter. Use the counts to see where the chapter load concentrates before you start.
Chapter 1: Introduction to Accounting (pp. 1-24)
Chapter 1 sets up the whole subject. It defines what accounting is, identifies the users of accounting information, sets out the objectives of accounting and the role it plays, and builds the basic terms in accounting that every later chapter assumes.
- Meaning of Accounting (p. 2)
- Accounting as a Source of Information (p. 7)
- Objectives of Accounting (p. 12)
- Role of Accounting (p. 14)
- Basic Terms in Accounting (p. 16)
Figure index: Fig. 1.1 ‘Showing the process of accounting’ (p. 2); Fig. 1.3 ‘The qualitative characteristics of accounting information’ (p. 11); Fig. 1.4 ‘Classification of Assets’ (p. 17); Fig. 1.5 ‘Classification of Liabilities’ (p. 18).
With 19 named sections across 24 pages and 4 of the book’s 8 indexed figures, this opening chapter holds half of the book’s diagrams.
Chapter 2: Theory Base of Accounting (pp. 25-45)
Chapter 2 moves from what accounting is to the rules it follows. It covers the generally accepted accounting principles, the basic accounting concepts beneath them, the two systems of accounting, the basis on which transactions are recorded, and the accounting standards that govern preparation.
- Generally Accepted Accounting Principles (p. 26)
- Basic Accounting Concepts (p. 27)
- Systems of Accounting (p. 36)
- Basis of Accounting (p. 36)
- Accounting Standards (p. 37)
The chapter has no indexed figures — it is concept-led, not diagram-led.
It runs 11 named sections over 21 pages, and both of the book’s 2 activities sit here — the only chapter with activities.
Chapter 3: Recording of Transactions-I (pp. 46-98)
Chapter 3 is where recording begins. The path runs from the business transaction and its source document, through the accounting equation and the rules of debit and credit, to the journal, the ledger and posting.
- Business Transactions and Source Document (p. 46)
- Accounting Equation (p. 50)
- Using Debit and Credit (p. 52)
- Books of Original Entry (p. 60)
- The Ledger (p. 72)
- Posting from Journal (p. 75)
Figure index: Fig. 3.4 ‘Showing T-account’ (p. 54).
At 53 pages and 10 named sections it is the book’s second-longest chapter, and its single indexed figure — the T-account — is the shape behind every debit and credit entry.
Chapter 4: Recording of Transactions-II (pp. 99-159)
Chapter 4 continues recording with the specialised books of original entry. It works through the cash book and the sales (journal) book, then closes with balancing the accounts.
- Cash Book (p. 100)
- Sales (Journal) Book (p. 129)
- Balancing the Accounts (p. 141)
Figure index: Fig. 4.4 ‘Types of crossing**’ (p. 105).
Just 4 named sections but 61 pages — the longest chapter in the book — because the work sits in the formats themselves.
Chapter 5: Bank Reconciliation Statement (pp. 160-179)
Chapter 5 explains why the cash book balance and the bank statement balance differ, including the differences caused by errors, and how to prepare the bank reconciliation statement — with or without first adjusting the cash book balance.
- Need for Reconciliation (p. 161)
- Preparation of Bank Reconciliation Statement (p. 166)
No indexed figures — this is a statement-building chapter.
At 20 pages it is the shortest chapter in the book, and it teaches one skill: reconciling the two balances.
Chapter 6: Trial Balance and Rectification of Errors (pp. 180-225)
Chapter 6 is the verification chapter. It explains what a trial balance is and why it is prepared — to ascertain the arithmetical accuracy of ledger accounts — the three preparation methods (totals, balances, totals-cum-balances), how errors are classified and searched for, and the rectification of errors.
- Meaning of Trial Balance (p. 180)
- Preparation of Trial Balance (p. 184)
- Searching of Errors (p. 191)
- Rectification of Errors (p. 192)
No indexed figures.
46 pages and 13 named sections make it the third-longest chapter, and the rectification rules carry the load: errors that do not affect the trial balance (p. 192), errors that do (p. 196), and next-year rectification (p. 202).
Chapter 7: Depreciation, Provisions and Reserves (pp. 226-276)
Chapter 7 closes the book with depreciation. It runs from the meaning, features and related terms (depletion, amortisation), through the causes and need for depreciation, the two methods of calculating the amount, the methods of recording it and disposal of assets, to provisions and reserves — including the types of reserves and the secret reserve.
- Depreciation and other Similar Terms (p. 230)
- Causes of Depreciation (p. 230)
- Need for Depreciation (p. 231)
- Methods of Calculating Depreciation Amount (p. 234)
- Straight Line Method and Written Down Method: A Comparative Analysis (p. 238)
- Methods of Recording Depreciation (p. 240)
- Disposal of Asset (p. 249)
- Effect of any Addition or Extension to the Existing Asset (p. 259)
- Secret Reserve (p. 268)
Figure index: Fig. 7.1 ‘Depreciation amount under straight line method**’ (p. 235); Fig. 7.2 ‘Depreciation amount using written down value method’ (p. 237).
29 named sections — the most in the book — and its two indexed figures show why the straight line amount stays constant while the written down value amount declines; the comparative analysis at p. 238 is where the two methods meet.
Chapter Study Pages
Chapter pages: chapters that have their own study page are linked here, in the same order as the book — for the rest of the Class 11 range, see the Class 11 NCERT books hub.
| Ch. | Chapter page |
|---|---|
| 1 | Introduction to Accounting (coming soon) |
| 2 | Theory Base of Accounting (coming soon) |
| 3 | Recording of Transactions-I (coming soon) |
| 4 | Recording of Transactions-II (coming soon) |
| 5 | Bank Reconciliation Statement (coming soon) |
| 6 | Trial Balance and Rectification of Errors (coming soon) |
| 7 | Depreciation, Provisions and Reserves (coming soon) |
How to Use This Book for Study
- Start with Chapters 1 and 2 (pp. 1-45). They build the vocabulary and the rules. Chapter 2’s concepts are assumed everywhere after.
- Give most of your time to Chapters 3 and 4 (pp. 46-159). Together they span 114 pages — more than two fifths of the book — and carry only 2 indexed figures between them, because their teaching is built on worked formats and ledger layouts. Follow the book’s own sequence: source document, accounting equation, debit and credit, journal, ledger, cash book. Skipping the accounting equation (p. 50) or the rules of debit and credit (p. 54) is the usual reason trial balances fail later in Chapter 6.
- Do Chapter 5 (pp. 160-179) while Chapter 4 is still fresh. It is a single-skill chapter, best done while the cash book from Chapter 4 is still fresh.
- Treat Chapter 6 (pp. 180-225) as journal work you have already done. Error rectification reuses the recording logic of Chapters 3 and 4.
- Leave Chapter 7 (pp. 226-276) for last. Disposal of assets and depreciation entries reuse the asset accounts set up in Chapter 3.
The book is written to be read in chapter order — each chapter assumes only the ones before it.
Related Resources
This listing is maintained for the 2026-27 academic session using the NCERT textbook information available to us. NCERT remains the authority for confirming the latest edition.
- Class 11 NCERT books — the hub for the Class 11 NCERT books this site indexes.
- NCERT books directory — the index of every class and subject on this site.
Sources and Data Verification
- The section, figure and activity counts on this page describe the NCERT Class 11 Accountancy textbook Financial Accounting I, official edition on ncert.nic.in — the current rationalised edition whose PDFs are linked above.
- This page covers that one book and its 7 chapters. It does not cover Financial Accounting II, other Class 11 subjects, or other editions.
- The listing is maintained for the current academic session.
- NCERT settles textbooks, editions and PDFs; CBSE settles curriculum, syllabus and examinations. A chapter appearing in the book is not proof that every part of it is examinable — check the current official syllabus.
Reference: NCERT Class 11 Accountancy Financial Accounting I textbook, official edition on ncert.nic.in. Figure captions and section titles quoted from the textbook; page references are to the official PDF.
Frequently Asked Questions
How many chapters are in the NCERT Class 11 Accountancy Book Financial Accounting I?
The book has 7 chapters, from Introduction to Accounting (Chapter 1) to Depreciation, Provisions and Reserves (Chapter 7), spanning 276 printed pages. The chapter table above lists all seven with their official PDF links.
Is the Class 11 Accountancy Financial Accounting I PDF on this page official and free?
Yes. Every PDF linked in the table is NCERT’s own file, hosted on ncert.nic.in, and free to download. NCERT’s official site is the authority for the textbook, its editions and its PDFs.
Which chapter covers the accounting equation and the rules of debit and credit?
Chapter 3, Recording of Transactions-I. The accounting equation is section 3.2 (p. 50), and the rules of debit and credit follow in section 3.3 (p. 52, rules on p. 54).
Where are straight line and written down value depreciation explained in this book?
Both are in Chapter 7 under Methods of Calculating Depreciation Amount (p. 234): straight line from p. 234 and written down value from p. 236, with a comparative analysis at p. 238. The two figures at pp. 235 and 237 plot the amounts for the two methods.
Where can I find the answers to the exercises in this book?
The official chapter PDFs linked in the download table above contain the full printed text of each chapter; any exercise material the book carries sits inside that chapter’s file. This page is a directory of the book’s sections and figures — it does not publish worked answers — so open the chapter’s PDF and practise from it.