Accountancy · Class 11 Commerce
Ch 14Computerised Accounting — Class 11 Accountancy, concept-first.
Every accounting idea covered so far in this book — the Journal, Ledger, Trial Balance, Trading and Profit and Loss Account, and the Balance Sheet — rests on the same double-entry principles whether it is done with pen and paper or with a computer.
Key concepts
Hover a concept to preview it and jump to its most relevant Q&A.
Computerised Accounting System and Manual Accounting
A Computerised Accounting System (CAS) applies exactly the same double-entry accounting principles as manual bookkeeping — only the medium changes.
Most relevant Q&A
- A Computerised Accounting System differs from Manual Accounting mainly in terms of: (A) The fundamental accounting principles applied (B) Th…Free
- Distinguish between Manual Accounting and Computerised Accounting, with reference to speed, accuracy, and report generation.Free
- What is Computerised Accounting System (CAS) ?Preview
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Overview
Every accounting idea covered so far in this book — the Journal, Ledger, Trial Balance, Trading and Profit and Loss Account, and the Balance Sheet — rests on the same double-entry principles whether i…
Meaning of Computerised Accounting System
A Computerised Accounting System (CAS) is a system of maintaining a business's accounting records using computer software, instead of manually writing them into physical books of account.
Manual Accounting vs Computerised Accounting
Basis Manual Accounting Computerised Accounting --------- Recording Every transaction is written by hand into the Journal/subsidiary books, then separately posted to each ledger account A transaction…
Advantages of Computerised Accounting
1. Speed and accuracy — transactions are processed and totalled far faster than by hand, and the risk of arithmetical errors (wrong totals, carrying-forward mistakes) is eliminated, since the software…
Limitations of Computerised Accounting
1. Cost of hardware, software, and training — setting up a CAS requires an upfront investment that a very small business, comfortable with manual books, may find hard to justify. 2.
Components of a Computerised Accounting System
A Computerised Accounting System is made up of five components, working together:
Types of Accounting Packages
Accounting software (an "accounting package") can be classified into three broad types, based on how closely it is built to match one specific business's needs:
Codification of Accounts and Generation of Reports
Codification and Grouping of Accounts: in a Computerised Accounting System, every ledger account is organised into a structured list called a Chart of Accounts, where each account (and each broader gr…
Sample & Board Papers
Sample papers and previous-year board questions for this subject.
+−Show 15 questionsHide questions15 questions
- Q1Customised accounting software is suitable for : (a) Large, medium business (b) Large, typical business (c) Small, conventional business (d)…Preview
- Q2Which one of the following is not a method of codification of accounts ? (a) Block Codes (b) Access Codes (c) Mnemonic Codes (d) Sequential…Preview
- Q3Name any two accounting packages.Preview
- Q4State the input and output devices of a computer system.Preview
- Q5Tally is an example of : (a) In-built accounting software (b) Tailor-made accounting software (c) Customised accounting software (d) Ready-m…Preview
- Q6An example of output device : (a) Scanner (b) Mouse (c) Keyboard (d) PrinterPreview
- Q7What is Computerised Accounting System (CAS) ?Preview
- Q8Customised accounting software is suitable for : (a) Large, Medium Business (b) Large, Typical Business (c) Small Conventional Business (d)…Preview
- Q9What are mnemonic codes ?Preview
- Q10People who write codes and programs are called as ________. (a) System operators (b) System analysts (c) System programmers (d) System desig…Preview
- Q11In Microsoft Excel, ______ finance function calculating depreciation under Straight Line Method. (a) OS (b) SM (c) SLN (d) SLMPreview
- Q12Customised accounting software is suitable for (a) Small, conventional business (b) Large, medium business (c) Large, typical business (d) N…Preview
- Q13Which one of the following is not a method of codification of accounts? (a) Access codes (b) Sequential codes (c) Block codes (d) Mnemonic c…Preview
- Q14Give any two examples of readymade softwarePreview
- Q15Give the examples for Programming softwarePreview
More questions
9 Q+−Show 7 questionsHide questions7 questions
- Q1A Computerised Accounting System differs from Manual Accounting mainly in terms of: (A) The fundamental accounting principles applied (B) Th…Free
- Q2In a Computerised Accounting System, once a voucher is entered, the software automatically: (A) Posts it to the relevant ledger accounts and…Free
- Q3Which of the following is a genuine LIMITATION (not an advantage) of a Computerised Accounting System? (A) Instant generation of the Trial B…Free
- Q4Which of the following is NOT one of the five components of a Computerised Accounting System? (A) Hardware (B) Procedures (C) Advertising (D…Preview
- Q5A small business with simple, standard accounting needs, wanting the LOWEST-cost accounting package with little customisation, should choose…Preview
- Q6A structured, coded list of all ledger accounts and the groups they belong to, which lets a Computerised Accounting System classify every vo…Preview
- Q7The core efficiency idea behind a Computerised Accounting System's report generation is best described as: (A) Enter the data many times, ge…Preview