Study Guides/Commerce/TS Grewal Class 11
Study Guide · Commerce

TS Grewal Class 11 Accountancy (Double Entry Book Keeping)

If you have chosen the Commerce stream for Class 11 under the CBSE board, there is one textbook that every senior, teacher, and topper will instantly recommend: 'Double Entry Book Keeping' by T.S. Grewal. It is considered the absolute 'Bible' of high school Accountancy.

Question (Click to Flip)

Do I still need to read the NCERT Accountancy book?

Answer

Yes. While TS Grewal is the best for solving numerical problems, NCERT is strictly the standard for theoretical concepts and multiple-choice questions (MCQs) in the CBSE board.

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Key Facts

T.S. Grewal is not a new author. The late Dr. T.S. Grewal was a legendary commerce academician, and his books have been updated and trusted by generations of Indian commerce students for over 40 years!

Why is TS Grewal so Popular?

While NCERT books are mandatory for the syllabus, Accountancy requires massive amounts of practical, numerical practice. TS Grewal fills this gap perfectly.

  1. Concept Clarity: It breaks down complex rules (like Journal Entries and Bank Reconciliation Statements) into very simple, logical, step-by-step illustrations.
  2. Vast Question Bank: The end of every chapter contains dozens of unsolved practical problems, ranging from very basic to highly difficult, matching exact exam patterns.
  3. Scanner/Board Questions: It includes previous years' board questions, making it highly reliable for exam preparation.

Key Chapters Covered in Class 11

The Class 11 TS Grewal book lays the foundation for all future accounting. The most critical chapters you must master are:

  • Chapter 8: Journal (The starting point of all accounting).
  • Chapter 9: Ledger (Posting entries).
  • Chapter 11: Cash Book (Handling real cash transactions).
  • Chapter 12: Bank Reconciliation Statement (BRS) (Matching the passbook with the cash book—a guaranteed exam question).
  • Chapter 18 & 19: Financial Statements (Final Accounts) (Creating the Trading A/c, P&L A/c, and Balance Sheet with Adjustments).

How to Study from TS Grewal

  • Do the Illustrations: Never jump straight to the unsolved exercises. Always solve the 'Illustrations' (solved examples) first by hiding the answer.
  • Draw Proper Formats: Accountancy is 50% math and 50% presentation. Always use a ruler and pencil to draw neat columns for Date, Particulars, L.F., Debit, and Credit.

Questions and Answers

Do I still need to read the NCERT Accountancy book?+

Yes. While TS Grewal is the best for solving numerical problems, NCERT is strictly the standard for theoretical concepts and multiple-choice questions (MCQs) in the CBSE board.

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