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Class 11 Accountancy Notes · CBSE

Essential Accounting Terms

Balance sheet, book value, books of account, debit and credit, depreciation, entry, insolvent, solvent, proprietor, and financial statements. CBSE Class 11 Accountancy notes

Last updated: 8 Jun 2026

Notes

Essential Accounting Terms

Accounting Terminology: Essential Accounting Terms — master essential terms including balance sheet, book value, books of account, debit and credit, depreciation, entry, insolvent, solvent, proprietor, and financial statements. CBSE Class 11 Accountancy revision notes with key terminology.