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             CBSE Quick Revision Notes                   CBSE Class-11 Biology                             Chapter-1                    THE LIVING WORLD Life is a unique, complex organization of molecules that expresses itself through chemical reactions which lead to growth, development, responsiveness, adaptation and reproduction. The objects exhibiting growth, development, reproduction, respiration, responsiveness and other characteristics of life are designated as living beings. Unique features of living organism:- 1. Growth- Living organisms grow in mass and number. A multicellular organism increases its mass by cell division. In plants growth continuous throughout life in their meristematic area but in animals, growth occurs to a certain age. Unicellular organisms also grow by cell div...

                Quick rivision notes           THEORY BASE OF ACCOUNTING Introduction Meaning of accounting principles Features of accounting principles Necessity of accounting principles Basic accounting concepts Basis of accounting Nature of accounting standards Utility of accounting standards International Financial Reporting Standards (IFRS) Meaning and benefits of IFRS "A mode of conduct imposed on an accountant by custom, law and professional body." - Kohler Introduction: To maintain uniformity in recording transactions and preparing financial statements, accountants should follow Generally Accepted Accounting Principles. Meaning of Accounting Principles: Accounting principles are the rules of action or conduct adopted by accountants universally while recording accounting transactions. GAAP refers to the rules or guidelines adopted for recording and reporting of business transactions, in order to bring uniformity in ...

                                 Chapter - 1                 Introduction to accounting                         Quick rivision notes Introduction Book keeping Meaning of accounting Difference between book keeping and accountancy Economic events Changing role of accountancy Process of accounting Users of financial statements Branches of accounting Objectives of accounting Basic accounting terms "There's no business like show business, but there are several businesses like accounting." Introduction: Accounting has greater discipline than book keeping. It includes conceptual knowledge of the subject and applications also. BOOK KEEPING:-It involves journal, ledger, cash book and other subsidiary books, it cannot disclose the results of Business. Meaning of Accounting:-It is process of identifying, measuring, ...