Skip to main content
Chapter 3AccountancyCBSE Class 11

Recording of Transactions — I

Recording of Transactions — I is Chapter 3 of NCERT Class 11 Accountancy. The chapter covers Introduction, Business Transactions and Source Document, Accounting Equation, Using Debit and Credit, and more. Use this public guide to revise the official topic structure before asking Lerno for step-by-step help.

7 topicsChapter 3 of 6
Study with AI

Topics covered

7 sections
01

Introduction

Introduction
02

Business Transactions and Source Document

IntroductionPreparation of Accounting Vouchers
03

Accounting Equation

Introduction
04

Using Debit and Credit

IntroductionRules of Debit and Credit
05

Books of Original Entry

IntroductionJournal
06

The Ledger

IntroductionClassification of Ledger Accounts
07

Posting from Journal

Introduction

Key concepts

IntroductionBusiness Transactions and Source DocumentAccounting EquationUsing Debit and CreditBooks of Original EntryThe LedgerPosting from JournalIntroductionPreparation of Accounting VouchersRules of Debit and Credit

Practice questions

Frequently asked

What is covered in Recording of Transactions — I?

Recording of Transactions — I is Chapter 3 in NCERT Class 11 Accountancy. The verified chapter structure includes Introduction, Business Transactions and Source Document, Accounting Equation, Using Debit and Credit, Books of Original Entry.

How should I revise Recording of Transactions — I?

Revise the chapter topic by topic: start with Introduction, Business Transactions and Source Document, Accounting Equation, then practice questions that mix definitions, examples, and application steps.

Can I use Lerno for Class 11 Accountancy questions?

Yes. Lerno is built for CBSE students and uses NCERT-grounded context so students can ask for explanations, practice prompts, and step-by-step guidance for this chapter.

Study prompts

1

Explain Introduction from Recording of Transactions — I and give one NCERT-style example or practice step.

2

Explain Business Transactions and Source Document from Recording of Transactions — I and give one NCERT-style example or practice step.

3

Explain Accounting Equation from Recording of Transactions — I and give one NCERT-style example or practice step.

4

Explain Using Debit and Credit from Recording of Transactions — I and give one NCERT-style example or practice step.

5

Explain Books of Original Entry from Recording of Transactions — I and give one NCERT-style example or practice step.

6

Explain The Ledger from Recording of Transactions — I and give one NCERT-style example or practice step.

Explore this chapter

Practice QuestionsChapter-wise NCERT-aligned questionsSolutions GuideStep-by-step approach per topicChapter ExplanationTopic map for structured revision

AI Tutor · Free

Study “Recording of Transactions — I” with Lerno

Get instant explanations, solved examples, and NCERT-aligned practice — grounded in your textbook, not generic AI answers.

Open Lerno — it's free