SAFFRON PUBLIC SCHOOLAshoka Enclave-II, Sec-37, Faridabad

Class-XI Com

Summer Holiday Homework -2020-21

ACCOUNTANCYI. Prepare a chart on anyone topic given below –

Accounting Process, Users of Accounting information & their needs, Basic accounting terms GST Accounting standards

II. Solve the following assignment:1. “Accounting records, transactions and events can be measured in money terms”. Is this in your opinion, a limitation of accounting or an advantage? Support your views with reasons. 2. Which type of accounting information reveals profit earned or loss incurred?3. Differentiate between Book Keeping and Accounting.4. Who are the users of accounting? 5. Accounting provides information about the profitability and financial soundness of a concern. In addition, it provides various valuable information also, however accounting has certain limitations. Explain any such of three limitations.6. A firm has various types of assets explain them with one example each.7.Explain the following terms: Drawings, sales, purchase, Bad debts, vouchers, capital, business transactions, Depreciation, Trade receivables, trade payables and merchandise 8. Distinguish between Expense and Expenditure, Profit and Gain.9.Identify the concept on which the following statements are based and also explain their meaning.

i. The insignificant items and events having an insignificant economic effect need not be disclosed.

ii. “Same accounting method should be used from one accounting period to the Next.”

iii. Business is treated as an entity separate and distinct from its owneriv. Only those transactions and events are recorded in accounting which can be

expressed in terms of money.v. Business will continue to exist for a longer period of time and there is no intention

to close it or reduce its size significantly.vi. All anticipated losses should be recorded in the books of accounts but all

unanticipated or unrealized gains should be ignored.10. What is meant by accounting standards? Explain any two objectives of it. 11. Briefly explain your understanding of IND-AS.12. What is the principle of Conservatism or Prudence?13. Differentiate between cash basis and accrual basis of accounting.14.Arun , a consultant, during the financial year 2015-2016 earned Rs.7,00,000. Out of which he received Rs.5,50,000. He incurred an expense of Rs.3,50,000 out of

which Rs.40,000 are outstanding. He also received consultancy fee relating to previous year Rs. 65,000 and also paid Rs. 40,000 expenses of last year.15.How will you deal with the following items in the accounting equation?

i. Interest due but not received Rs. 800. ii. Rent received in advance Rs.1200. iii. Insurance premium paid in advance Rs.1500. iv. Salaries due but not paid Rs.2000. 16.Prepare accounting equations from the following transactions.

i. Started Business with cash 5,00,000ii. Purchased a building from ram. Paid by raising a loan from SBI 10,00,000 iii. Paid interest on loan Rs. 40,000 and installment of Rs. 2,00,000 iv. Purchase goods from Rohan on credit 1,50,000v. Sold Goods costing Rs. 60,000 for Rs. 80,000 on credit to Mahesh.vi. Took Goods of Rs. 25,000 from Business for personal use.vii. Accrued interest 5000 viii. Commission received in advance 20,00017. Prove that the accounting equation is satisfied in all the following transactions of Rajnath Singh.

i. Started Business with cash 50,000 ii. Paid rent in advance 800 ii. Purchase goods for cash Rs. 4,000 and on credit Rs. 3,000iii. Sold Goods for Rs. 12,000 costing Rs. 8,000iv. Paid salary Rs. 450 and salary outstanding being Rs. 200v. Bought typewriter for personal use Rs. 6,000

18. Create an accounting equation on the basis of following transactionsi. Pratap Singh commenced a business with cash Rs. 2,00,000, goods Rs. 60,000,

Machinery Rs.1,50,000 and furniture Rs. 70,000ii. 1/3 rd of the above goods sold at a profit of 10% on cost and half of the payment is

received in cash iii. Depreciation on machinery is provided at 20 % p.a. iv. Cash withdrawn for personal use Rs. 10,000v. Interest on drawings charged at 5 %.vi. Goods sold to Gupta for Rs. 20,000 and received a Bill Receivable of the same for 2

months.vii. Received Rs. 20,000 from Gupta against the Bill Receivable on its maturity.19.Mahesh started a business on 1st April 2015 with a capital of 1,00,000 and borrowed Rs. 30,000 from a friend. He earned a profit of Rs. 5,000 during the year ended 31st Mar 2014 and withdrew Rs. 4,000 for private use. Find out his capital on 31st Mar 2016. 20. On 31st Mar 2015 total assets and external liabilities were Rs. 4,00,000 and Rs. 10,000 respectively. During the year the owner introduced capital of Rs. 40,000 and withdrawn Rs. 12,000 for personal use he made a profit of Rs. 60,000. Calculate the capital on 1st April 2014.21. Journalise the following transactions:

i. Sold goods for Rs.10,000.ii. Sold goods to Sachin for Rs.20,000.iii. Sold goods to Amit for Rs.30,000 and payment made by cheque.iv. Sold goods to Atul of the list price of Rs.30,000 at a trade discount of 10%.v. Sold goods to Sunil of the list price of Rs.1,25,000 less 20% trade discount and

received a cheque under a cash discount of 2%.vi. Sold goods to Sahil of the list price of Rs.1,25,000 less 20% trade discount and 2%

cash discount and paid 40% by cheque.

vii. Sold goods costing Rs.40,000 to Anita for cash at a profit of 25% on cost less 20% trade discount and charged 8% sales tax and paid cartage Rs.100 (not to be charged from customer)

viii. Sold goods costing Rs.40,000 to Anil at a profit of 20% on sales less 20% trade discount and charged 8% sales tax and paid cartage Rs.100(to be charged from customer)

ix. Sachin rejected and returned 10% of goods.x. Bought goods of the list price of Rs.2,50,000 from Mohan less 20% trade discount

and 2% cash discount and paid 40% by cheque.xi. Purchased machinery from Rajiv for Rs.5,000 and paid him by means of a bank

draft purchased from bank for Rs.5020.xii. Paid rent of building Rs.12,000. Half of the building is used by the proprietor for

residential use.xiii. Paid life insurance premium Rs.2,000.xiv. Charge depreciation on furniture @10% p.a. for one month (furniture Rs.12,000).xv. Provide interest on capital (Rs.60,000) at 15% p.a. for six months.xvi. Charge interest on drawings (Rs.10,000) at 18% p.a. for six months.xvii. Brokerage due to us Rs.500.xviii. Proprietor withdrew for private use Rs.1,000 from office and Rs.800 from bank.xix. Purchased a cow for business Rs.20,000.xx. Paid Rs.250 in cash as wages on installation of a machinery.

Revise the entire syllabus covered till May & solve all assignments given in the class.

ECONOMICS1. Prepare a project based on CBSE guidelines(http://cbseacademic.nic.in/web_material/CurriculumMain20/SrSecondary/Econonics.pdf-LINK FOR GUIDELINES)Suggested topics are-

Production possibility curve Government budget Money Banking Consumer Equilibrium Poverty as a challenge Rural Development Demand Unemployment in India New Economic Policy Environment and Sustainable Economic Development Any other relevant topics such as G.S.T, Demonetization, Self Help Groups, etc.

Students should prepare the Project as per the following headings:-O AcknowledgementO IndexO Cover pageO Introduction of the concept O Analysis/explanation and interpretation

O Conclusion O List of resources used / BibliographyThe project should be handwritten on A4 size coloured designer sheet, an independent & self-directed piece of study. 2. Prepare a chart on anyone topic given below –

Factor affecting elasticity of demand Factor affecting demand Education –Key to development Population- as an asset Good governance leads to economic growth Economic problem

3. NarendraModi government came into power in 2014, since then it has taken some historical measures, some of them are mentioned below. Give your opinion as an economist on the pros and cons of these steps: (a)Make in India (b)Swachh Bharat Abhiyan(c)Scrapping of planning commission (d)Demonetization (e)Introduction of GST4. Solve the following assignment:A (Very short answer questions)1.Define economics as a positive science.2.Define Marginal rate of transformation.3.What is opportunity cost?4.What is Law of diminishing marginal utility?Section-B (Short answer questions)5.Explain how scarcity and choice go together.6.What does slope of the PPC show?7.A shift from steam engine to diesel and electric engines has increased the carrying capacity of the Indian railways both for the passenger traffic and goods traffic. How would you reflect this change using the concept of PPC?8. Differentiate between budgets set and budget line.Section-C (Long answer questions)9. Discuss the properties of indifference curves.10. Why does demand curve slopes downwards? Explain.11. Discuss the central problems of an economy.12. Explain the condition of consumer’s equilibrium using utility analysis.13. Why does demand curve slope downward?14. Explain the determinants of price elasticity of demand.15. Explain the causes of increase in demand (rightward shift of demandcurve).16. With the help of diagrams, explain the effect of following changes on thedemand of a commodity.(a) A fall in the income of its buyer.(b) A rise in price of complementary good.

Revise the entire syllabus covered till May & solve all assignments given in the class.

Business Studies

ENGLISH1. Research on the Egyptians civilizations –with particular reference to Tut’s Mummy and its discovery. Stick pictures. 2. Research on Khushwant singh’s life and works. Find out about the role of Khushwant singh’s father in building Delhi. 3. Design a poster on Corona Virus.4.Cut out 5 clippings of Classified Ads under the heads and paste them.

For sale To-let Situation vacant For matrimonial Pets / kennels5. Read English Newspaper daily. 6. Listen to the English News daily.

NOTE : The Holiday Homework should be done in Literature Class work register.

MATHS

RETAIL1. “Communication isa two way process of sharing information”.Draw various elements ofcommunication on an A3 sheet.2. Give a brief description of types of Non-Verbal communication. What does it imply? Also draw images on a chart sheet (Drawatleast 10 images.)3. Describe your family member in 10 sentences. Also write your professional Resume for job.4. Make an advertisement of any product.

5. Prepare a Project on any one World FamousBusiness Entrepreneurs. Your presentation should include:

1. The background of the entrepreneur.2. The evolution of the business idea.3. The rise of the business empire4. The growth and expansion of the empire and the factors

contributing to its stability.5. The future prospects of the business.

6. PREPARE A REPORT ON ANY ONE TOPIC:Impact of FDI in multi-brand retail.Effect of Covid 19 on retailing

Tips for the Project:PREFACE:1. Name of Project:2. Objective of Project:The objective of the project is known the: (quote from the objectives given for your topic)INDEX:S.NO PARTICULARS PAGE NO1. Acknowledgements2. Preface3. Introduction4. Planning and Activities Done During The Project5. Observations and Findings6. Conclusions7. Learnings from The Project8. Appendix9. Teacher’s Observations

Use A4 size coloured sheets for above all work.

COMPUTER SC.Write 20 simple program in Python based on Arithmetic Operator.

WEB APPLICATIONCreate a website on the topic " Worldwide lockdown bringing families closer" which should include below tags:  ParagraphTable linkimageaudiovideo PHYSICAL EDUCATIONMaintain fair copy of first 3 chapters for both 11th and 12th and make practical manual of physical education.

HEALTHCARE(UNIT-1-session- 1,2,3,4,5)[I] -SOLVE THESE QUESTIONS IN YOUR NOTE BOOK-

Q1.List the common medical examinations performed while admitting the patient.

Q2.Describe the responsibilities of GDA in admitting the patient in the hospital?

Q3. Differentiate between palpation and percussion.

Q4. What is the significance and purpose of physical examination?

Q5.What are the techniques of physical assessment used in abdomen examination?

Q6. Differentiate between horizontal and vertical position of the patient.

Q7. What is the technique used in sputum specimen?

Q8. Differentiate between single urine specimen method and 24 hours urine specimen method.

Q9. What are the various equipment need for transporting a patient?

Q10. Write about the procedure of conducting a health assessment.

Q11. Differentiate between physiological needs and psychological needs of patient.

Q12. What is the procedure of examination of eyes of a patient?

[II] –Prepare a chart of the pre requisites of collecting specimen of blood, urine and stool.

[III]. Prepare a patient admission form on A4size sheet.

PAINTINGSTheory- Read and write on your note book              1. Art- An introduction              2. Art and culture              3. Different froms of fine art in India

Practical-  Landscape    -2                   Composition -2                    Still Life.      -2

TOURISM1. Prepare a project based on CBSE guidelines from the following suggested topics: -*Global Distribution System *GIT & FIT*Documents required for foreign country trip.

Students should prepare the Project as per the following headings:-O AcknowledgementO IndexO Cover pageO Introduction of the concept O Analysis/explanation and interpretationO Conclusion O List of resources used / BibliographyThe project should be handwritten on A4 size coloured designer sheet, an independent & self-directed piece of study.

2. Compare different companies pamphlet to visit any three states of India with different benefits. .3. Effect of Covid-19 on world-wide Tourism Business.4.. “Communication is a two way process of sharing information”. Draw various elements of communication on an A3 sheet.5. Give a brief description of types of Non-Verbal communication. What does it imply? Also draw images on a chart sheet (Draw at least 10 images.)6. Describe your family member in 10 sentences. Also write your professional Resume for job.

All work done on A4 size colours sheet.

Revise the entire syllabus covered till May in the e-class.