CBSE Class 10 Elements of Book keeping and Accounting Syllabus 2024-25 (PDF Download)

Unit

Contents

Marks

Periods

1

Capital and Revenue

8

25

2

Depreciation

12

35

3

Bank Reconciliation Statement

14

45

4

Bills of Exchange

10

25

5

Final Accounts

14

45

6

Accounting from Incomplete Records

12

35

Total

70

210

Project

30

30

Content

Learning Outcomes

Capital and revenue : Capital and revenue receipts, capital and revenue expenditure and deferred revenue expenditure

The learners would be able to :

• Recapitulate the meaning of the terms ‘Capital’ and ‘Revenue’
• Appreciate the difference between capital and revenue receipts and capital and revenue expenditure
• Acquire the knowledge about deferred revenue Expenditure

Content

Learning Outcomes

Depreciation : Need and methods of charging depreciation-straight line and Diminishing balance method (no change in the method)

The learners would be able to :

• Explain the necessity of providing depreciation on fixed assets
• Develop the skill of using the different methods i.e. straight line and diminishing balance for computing depreciation
• Prepare fixed assets accounting using straight line and diminishing balance method of charging depreciation

Content

Learning Outcomes

Bank Reconciliation Statement : Meaning Preparation of BRS with the given cash book / pass book balance

The learners would be able to :

• Understand the concept of bank reconciliation statement
• Appreciate the need of preparing bank reconciliation statement
• Develop understanding of preparing bank reconciliation Statement

Content

Learning Outcomes

Bill of Exchange : Nature and use of Bills of Exchange, Terms used in Bills of Exchange. Simple transactions related to bills of exchange (No dishonour, retiring & renewal of the bill)

The learners would be able to :

• Acquire the knowledge of using bills of exchange for financing business transactions
• Understand the need of Bills of exchange in business
• State the meaning of different terms used in bills of exchange and their implication in accounting
• Develop in the skill of journalising simple bill transactions in the book of creditor and debtor

Content

Learning Outcomes

Final Accounts : Preparation of Trading and Profit & loss Account and Balance Sheet of Sole trader. Adjustment for closing stock only. [amount of closing stock to be given]

The learners would be able to :

• State the meaning of financial statements & the purpose they serve for a sole proprietor.
• Develop the skill of preparing Trading Account and calculating gross profit.
• Develop the skill of preparing Profit & Loss Account and calculating the net profit
• Explain the need for preparing ‘Balance Sheet’.
• Understand the techniques of preparing the ‘Balance Sheet’.
• Develop the understanding to the simple adjustment for closing stock

Content

Learning Outcomes

Accounting from Incomplete Records : Meaning; preparation of statement of Profit, statement of affairs. [statement of affairs method only]

The learners would be able to :

• State the meaning of incomplete records
• Understand the uses and limitations of incomplete records
• Develop the skill of computation of profit / loss by preparing Statement of Profit
• Develop the skill of preparing ‘Statement of Affairs’ and ascertain the position of the business on a particular date.