Principles of Accounting or Financial Accounting Notes for D.B.A / D.Com / I.Com Part one (Part-I) / 1st Year / 11th Class / XI / HSSC-I. Intermediate Level (HSSC-I) students of Federal Board of Intermediate & Secondary Education (FBISE) or any Board of Intermediate & Secondary Education of Punjab, Sindh, KPK, Balochistan and Azad Kashmir and can get benefit from these notes. By studying our notes, we can guarantee you for getting maximum marks in your exams.
Table of Contents
Accounting Notes 1st Year / 11th Class / XI / HSSC-I for Federal and Any Intermediate Board
Please select an option from below:
Solved Past Papers (Annual / Supplementary)
Solved Past / Old Papers of Principles of Accounting HSSC-I for Federal Board (FBISE)
Annual Papers
Supplementary Papers
- 2016
- 2017
- 2018
Past / Old Question Papers
Past / Old Papers of Principles of Accounting – I.Com-I (FBISE)
Annual Papers
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020 (Paper is not conduct due to Corona)
- 2021
- 2022
- 2023
Supplementary Papers:
Financial or Principles of Accounting Book
Chapter Wise Problems with Answers of Principles of Accounting / Financial Accounting Book written by Sohail Afzal, M. Arif Ch., Gul Amir Malik, Ch. Muhammad Hanif and M. A. Ghani
Principles of Accounting Book Problems for I.com-I by M.Arif Ch and Sohail Afzal
- Chapter # 02 – Transactions and Accounting Equation
- Chapter # 03 – Analysis of Business Transactions and Double Entry System
- Chapter # 04 – Journal: The Original Book of Entry
- Chapter # 05 – Ledger: The Main Book of Accounts
- Chapter # 06 – Accounting For Bills of Exchange
- Chapter # 07 – Special Journals
- Chapter # 08 – Cash Book and Bank Reconciliation Statement
- Chapter # 14 – Capital and Revenue
- Chapter # 15 – Rectification of Errors
Chapter Wise Solved Exercise Notes of Financial / Principles of Accounting
Solved Notes to Financial Accounting for D.Com and D.B.A Part – I by Gul Amir Malik
- Solution of Chapter # 01 – Introduction to Principles of Accounting
- Solution of Chapter # 02 – Accounting Equation
- Solution of Chapter # 03 – Analysis and Classification of Transaction
- Solution of Chapter # 04 – General Journal
- Solution of Chapter # 05 – Ledger and Trial Balance
- Solution of Chapter # 06 – Special Journals for Purchase and Sales
- Solution of Chapter # 07 – Cash Book and Cash Journals
- Solution of Chapter # 08 – Bank Reconciliation Statement
- Solution of Chapter # 09 – Financial Statement
- Solution of Chapter # 10 – Adjustments in Financial Statements
- Solution of Chapter # 11 – Work Sheet
- Solution of Chapter # 12 – Capital and Revenue
- Solution of Chapter # 13 – Rectification of Errors
Solved Notes to Principles of Accounting for I.Com-I by M.Arif Ch and Sohail Afzal
Short Question Answer
- Short Answers Chapter # 01 – Introduction
- Short Answers Chapter # 02 – Transaction and Accounting Equation
- Short Answers Chapter # 03 – Analysis of Business Transaction and Double Entry System
- Short Answers Chapter # 04 – Journal: The Original Book of Entry
- Short Answers Chapter # 05 – Ledger: The Main Book of Accounts
- Short Answers Chapter # 06 – Accounting for Bills of Exchange
- Short Answers Chapter # 07 – Special Journals
- Short Answers Chapter # 08 – Cash Book and Bank Reconciliation Statement
- Short Answers Chapter # 10 – Final Accounts: The Completion of Accounting Cycle
- Short Answers Chapter # 11 – Adjustments and their Effects on Final Account
- Short Answers Chapter # 12 – Work Sheet
- Short Answers Chapter # 13 – Financial Statements
- Short Answers Chapter # 14 – Capital and Revenue
- Short Answers Chapter # 15 – Rectifying the Errors
Numerical Solution of Questions
- Solution of Chapter # 02 – Transactions and Accounting Equation
- Solution of Chapter # 03 – Analysis of Business Transactions and Double Entry System
- Solution of Chapter # 04- Journal: The Original Book of Entry
- Solution of Chapter # 05 – Ledger: The Main Book of Accounts
- Solution of Chapter # 06 – Accounting for Bills of Exchange
- Solution of Chapter # 07- Special Journals
- Solution of Chapter # 08 – Cash Book and Bank Reconciliation Statement
- Solution of Chapter # 10 – Final Accounts: The Completion of Accounting Cycle
- Solution of Chapter # 11 – Adjustments and their Effects on Final Account
- Solution of Chapter # 12 – Work Sheet
- Solution of Chapter # 13 – Financial Statements
- Solution of Chapter # 14 – Capital and Revenue
- Solution of Chapter # 15 – Rectifying the Errors
Solved Notes Principles of Accounting I.Com-I M.Arif Ch & Sohail Afzal New / Latest Edition
Short Question Answer
- Short Answers Chapter # 01 – Introduction
- Short Answers Chapter # 02 – Transaction and Accounting Equation
- Short Answers Chapter # 03 – Analysis of Business Transaction and Double Entry System
- Short Answers Chapter # 04 – Journal: The Original Book of Entry
- Short Answers Chapter # 05 – Ledger: The Main Book of Accounts
- Short Answers Chapter # 06 – Accounting for Bills of Exchange
- Short Answers Chapter # 07 – Special Journals
- Short Answers Chapter # 08 – Cash Book and Bank Reconciliation Statement
- Short Answers Chapter # 10 – Final Accounts: The Completion of Accounting Cycle
- Short Answers Chapter # 11 – Adjustments and their Effects on Final Account
- Short Answers Chapter # 12 – Work Sheet
- Short Answers Chapter # 13 – Financial Statements
- Short Answers Chapter # 14 – Capital and Revenue
- Short Answers Chapter # 15 – Rectifying the Errors
Numerical Solution of Questions
- Solution of Chapter # 02 – Transactions and Accounting Equation
- Solution of Chapter # 03 – Analysis of Business Transactions and Double Entry System
- Solution of Chapter # 04 – Journal: The Original Book of Entry
- Solution of Chapter # 05 – Ledger: The Main Book of Accounts
- Solution of Chapter # 06 – Accounting for Bills of Exchange
- Solution of Chapter # 07- Special Journals
- Solution of Chapter # 08 – Cash Book and Bank Reconciliation Statement
- Solution of Chapter # 10 – Final Accounts: The Completion of Accounting Cycle
- Solution of Chapter # 11 – Adjustments and their Effects on Final Account
- Solution of Chapter # 12 – Work Sheet
- Solution of Chapter # 13 – Financial Statements
- Solution of Chapter # 14 – Capital and Revenue
- Solution of Chapter # 15 – Rectifying the Errors
Solved Notes / Key to Principles of Accounting by M.A. Ghani
- Solution of Chapter # 02 – Accounting Principles and Accounting Equation
- Solution of Chapter # 03 – Nature of Accounts and Rules of Debit and Credit
- Solution of Chapter # 04 – Journal
- Solution of Chapter # 05 – Ledger
- Solution of Chapter # 06 – Banking Transactions
- Solution of Chapter # 07 – Bills of Exchange
- Solution of Chapter # 08 – Subdivision of Journal (I) -Cash Book and Bank Reconciliation Statement
- Solution of Chapter # 09 – Subdivision of Journal (II) – Other Subsidiary Books
- Solution of Chapter # 10 – Final Accounts
- Solution of Chapter # 11 – Adjustments at Balancing Time
- Solution of Chapter # 12 – Provision For Bad Debts and Discounts
- Solution of Chapter # 13 – Work Sheet
- Solution of Chapter # 14 – Capital and Revenue
- Solution of Chapter # 15 – Rectification of Errors
- Solution of Chapter # 16 – Problems in Final Accounts
- Solution of Chapter # 17 – Account Current and Average Due Date
- Solution of Chapter # 18 – Self-Balancing Ledgers
Solved Notes to Principles of Accounting by Ch. Muhammad Hanif and Ch. Ejaz Ahmed
Important Question for Annual and Supplementary Exams
Guess Papers for Annual Exam
Federal Board of Intermediate Secondary Education
- Guess Paper of Principles of Accounting – I.com-I
- Guess paper of Principles of Accounting – I.Com – I According to Reduce Syllabus for 2021 exam
- Guess paper of Principles of Accounting for I.Com – I Annual exam 2022 for Federal Board (FBISE)
- Guess paper of Principles of Accounting for I.Com – I Annual exam 2023 for Federal Board (FBISE)
- Guess paper of Principles of Accounting for I.Com – I Annual exam 2024 for Federal Board (FBISE)
Intermediate Boards like Punjab, Sind, KPK, Balochistan
- Guess Paper of Principles of Accounting for I.Com – I Annual Exam 2022
- Guess Paper of Principles of Accounting for I.Com – I Annual Exam 2023
- Guess Paper of Principles of Accounting for I.Com – I Annual Exam 2024
Chapter Wise Solved Mcqs
- Chapter # 01 – Introduction of Accounting
- Chapter # 02 – Transactions and Accounting Equation
- Chapter # 03 – Analysis of Business Transaction and Double Entry System
- Chapter # 04 – Journal : The Original Book of Entry
- Chapter # 05 – Ledger : The Main Book of Accounts
- Chapter # 06 – Accounting For Bills of Exchange
- Chapter # 07 – Special Journal
- Chapter # 08 – Cash Book
- Chapter # 09 – Bank Reconciliation Statement
- Chapter # 10 – Final Account: The Completion of Accounting Cycle
- Chapter # 11 – Adjustments and Their Effect on Final Accounts
- Chapter # 12 – Work Sheet
- Chapter # 13 – Financial Statements
- Chapter # 14 – Capital and Revenue
- Chapter # 15 – Rectification of Errors
Chapter Wise Notes
Chapter # 01 –Introduction and Basic Concepts of Accounting
- Definition of Accounting
- Money Measurement Concept Definition, Explanation with Example
- Cost Concept Definition, Explanation with Example
- Accounting Period Concept Definition, Explanation with Example
- Matching Concept Definition, Explanation with Example
- Business Entity Concept Definition, Explanation with Example
- Dual Aspect Concept Definition, Explanation with Example
Chapter # 02 – Transaction and Accounting Equation
Chapter # 03 – Analysis of Business Transaction and Double Entry System
Chapter # 10 – Final Account-The Completion of Accounting Cycle
- Definition and Introduction of Final Account
- Trading Account Definition, Objective & Importance
- Trading Account Items with Explanation
- Format of Trading Account
- Journal Entries of Trading Account
- Profit and Loss Account Definition, Features and Objective
- Journal Entries of Profit and Loss Account
- Format of Profit and Loss Account
- Format of Balance Sheet
Chapter # 11 – Adjustments and Their Effects on Final Accounts
Types of Adjustments
- Adjustment of Closing Stock or Stock at The End
- Adjustment of Outstanding Expenses or Accrued Expenses or Unpaid Expenses or Payable Expenses
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