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Book-Keeping and Accountancy · Class 12 Commerce

Ch 10Computer in Accounting — Class 12 Book-Keeping and Accountancy, concept-first.

Every accounting system exists to do three things — record business transactions, classify and summarise them, and present them as useful information such as a Trial Balance, Trading and Profit and Loss Account, and a Balance Sheet.

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Chapter contents

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1

Meaning and Need for a Computerised Accounting System

Every accounting system exists to do three things — record business transactions, classify and summarise them, and present them as useful information such as a Trial Balance, Trading and Profit and Lo…

2

Components of a Computerised Accounting System

A Computerised Accounting System is not just the accounting software alone — it is a combination of several elements working together, and the Balbharati Std XII textbook identifies these as its main…

3

Manual Accounting System vs. Computerised Accounting System

Manual accounting and computerised accounting both follow the same underlying principles of double-entry book-keeping studied throughout this syllabus — the difference lies entirely in how the recordi…

4

Advantages and Limitations of a Computerised Accounting System

Computerising the accounts of a business brings real benefits, but it is not without genuine drawbacks — a balanced view of both is expected in the MSBSHSE HSC examination.

5

Features of Accounting Software

Not every accounting software is equally good — the Balbharati textbook lists several features that distinguish a well-designed accounting package.

6

Grouping of Accounts, Ledgers and Vouchers in a Computerised Accounting System

A computerised accounting system organises accounting information through three linked ideas — Groups, Ledgers, and Vouchers — and understanding how they fit together is essential to using any account…

7

Types of Accounting Packages — Readymade, Customised and Tailor-made Software

Businesses do not all need the same kind of accounting software — the size, nature and specific requirements of a business determine which type of package suits it best.

8

Data Security in a Computerised Accounting System

Because a computerised accounting system stores an organisation's entire financial record electronically, protecting that data from loss, damage, or unauthorised access is essential.

Exercises

Sample & Board Papers

Sample papers and previous-year board questions for this subject.