CISCE Class 11 2026-27 Session

T.S. Grewal's ISC Double Entry Book Keeping: Textbook for Class 11 (2026-27 Session)

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Author: T.S. Grewal, H.S. Grewal, CA.(Dr.) G.S. Grewal, R.K. Khosla

T.S. Grewal's Accountancy Textbook for ISC Class 11

Building a strong base in commerce requires study material that directly reflects the latest board guidelines. For students preparing for the Class 11 examination to be held in 2027, T.S. Grewal’s Double Entry Book Keeping is the definitive Class 11 ISC accounts book. Authored by the expert team of T.S. Grewal, H.S. Grewal, CA. (Dr.) G.S. Grewal and R.K. Khosla, this extensively revised edition provides class-tested, well-graded material written in a simple and lucid style.

Critical Syllabus Updates for the 2027 Examination

The Council for the Indian School Certificate Examinations recently notified major changes to the syllabus, and this edition incorporates all of them seamlessly. As a highly trusted ICSE Accounts Book Class 11, it highlights the following structural shifts:

New Chapters Introduced: The book now includes dedicated chapters on the 'Accounting Equation' (with simple practical problems), Calculation of 'Operating Profit', and the 'Computerised Accounting System (CAS)'.
Reduced Scope: Topics like 'IFRS (International Financial Reporting Standards)' and 'GST' have been strictly reduced to a theoretical introduction as per the new mandate.
Renamed & Replaced Topics: 'Evolution of Accounting' is now 'Brief History of Accounting', and the 'Non-Trading Organisation' chapter has been renamed to 'Not-for-Profit Organisation'. Additionally, the computer-based project has been replaced by a project on Depreciation.

Examination-Oriented Assessment Design

To ensure complete exam coverage, this best reference book for the accountancy class 11 gives due weightage to each topic according to Council guidelines.

Diverse Question Typologies: Students can test their knowledge with Multiple Choice Questions, Assertion-Reason Based MCQs, Very Short/Short Answer Questions, Competency Based Questions, Missing Value Questions, and Case Study Based Multiple Choice Questions.
Advanced Practice: Advanced Level Questions are provided as illustrations to challenge high-achieving students.
Mock Testing: The book includes Two Model Test Papers prepared strictly on the lines of the Council's Specimen Paper.

Hybrid Learning: QR Codes and Mobile App

To keep the physical volume manageable without compromising on practice material, the publishers have integrated scannable technology. By scanning the QR codes within the chapters, students can instantly access Key Terms, Chapter Summaries, Additional Illustrations, and Additional Practical Problems. Furthermore, the fully solved solutions for the Two Model Test Papers are also provided via QR code. For continuous revision, students can scan to download the free 'GCL for Accountancy' app on their Android or iOS devices.

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What's Inside This Book

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Latest Syllabus

Fully updated as per current board syllabus with rationalized topics and latest guidelines.

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NCERT Aligned

Includes NCERT & Exemplar based questions to build solid baseline concepts for exams.

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Chapter Review

MCQs, statement variations, and objective questions at the end of every single chapter.

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Quick Recap

Key concepts, core definitions, and formulas mapped out for fast final revisions.

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Practice Papers

Self-practice test papers designed rigorously for high-impact exam preparation.

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Graded Exercises

Well-graded practice problems starting from basic levels to highly advanced application stages.

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Genuine Product

100% authentic academic textbooks sourced directly from Sultan Chand & Sons publisher warehouse.

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Hassle-free, smooth exchange policy within 7 days of order delivery for damaged or incorrect books.

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Chapters Covered

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PAPER–I

Introduction to Accounting
Basic Accounting Terms
Generally Accepted Accounting Principles (GAAP) and Basic Accounting Concepts
Accounting Standards: Concepts and Objectives, International Financial Reporting Standards (IFRS)
Bases of Accounting
Accounting Equation
Accounting Procedures—Rules of Debit and Credit
Journal
Ledger
Sub-Division of Journal—Cash Book
Petty Cash Book
Sub-Division of Journal
Accounting of Goods and Services Tax (GST)
Trial Balance
Bank Reconciliation Statement
Depreciation
Bills of Exchange
Provisions and Reserves
Capital and Revenue Expenditure/Income
Final Accounts and Concept of Trading Account, Profit & Loss Account and Balance Sheet (Without Adjustments), Marshalling of Balance Sheet
Final Accounts—With Adjustments
Rectification of Errors
Accounting for Not-for-Profit Organisation
Computerised Accounting System (CAS)

Model Test Papers (Solved)

PAPER–II

PROJECT WORK

About The Authors

T.S. Grewal

Legendary Commerce Educator | Academic Author | Alumnus, Harvard Business School (ITP)

Prof. T.S. Grewal was a visionary academician who revolutionized accountancy education in India. A Gold Medalist from Calcutta University and an alumnus of the prestigious International Teachers Program at Harvard Business School, he dedicated his life to simplifying complex accounting concepts. He authored benchmark textbooks, including Double Entry Book Keeping and Advanced Accounts, transforming how the subject is taught. Today, his enduring legacy and concept-based approach continue to guide generations of commerce students and teaching professionals nationwide.

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H.S. Grewal

Chartered Accountant | Commerce Educator | Alumnus, SRCC

CA. H.S. Grewal is a Fellow Chartered Accountant (FCA) and a graduate of Shri Ram College of Commerce, University of Delhi. With over 30 years of experience in professional practice and commerce education, he has co-authored and revised the renowned T.S. Grewal Accountancy series. His expertise lies in financial accounting and the transition from single-entry to accrual-based double-entry accounting systems, making complex concepts accessible to students and educators.

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CA. (Dr.) G. S. Grewal

Chartered Accountant & Veteran Educator | Ph.D. in Banking Finance | Co-Author, T.S. Grewal Series

CA. (Dr.) G. S. Grewal is an eminent Chartered Accountant and academician with over 40 years of combined experience in corporate practice and teaching. An alumnus of SRCC with a Ph.D. from the University of Southern California, he brings profound industry and legal expertise to his role in revising the benchmark T.S. Grewal accountancy textbooks series for CBSE and ISC. Recognized by the ICAI for his academic contributions, he actively serves on its Board of Studies and has been a vital member of CBSE and NCERT syllabus committees.

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R.K. Khosla

Educator with 50+ years of teaching experience | Academic Author & Veteran Faculty

Mr. R.K. Khosla is an eminent commerce academician with nearly 50 years of distinguished teaching experience in the field of accounting. A seasoned educator, he has served as a faculty member for the Northern India Regional Council (NIRC) of the Institute of Company Secretaries of India (ICSI) and formerly for the NIRC of the Institute of Chartered Accountants of India (ICAI). He is widely recognized as the co-author of the premier accounting textbook series for CBSE and ISC Class 11 and 12 examinations, including T. S. Grewal’s Double Entry Book Keeping, Analysis of Financial Statements, and Management Accounting.

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Frequently Asked Questions

Yes, we have completely updated this edition for the academic session 2026–27 to align with the 2027 examination guidelines. It explicitly covers newly introduced chapters like the 'Accounting Equation', 'Calculation of Operating Profit', and the 'Computerised Accounting System (CAS)'. It also adapts exactly to the reduced scope of topics like IFRS and GST, which are now strictly theoretical introductions.

The book covers key ISC topics such as Introduction to Accounting, GAAP, Accounting Standards, IFRS, Journal, Ledger, Trial Balance, GST, Depreciation, Bills of Exchange, Final Accounts, Rectification of Errors, Not-for-Profit Organisation, Computerised Accounting System, and Project Work.

Absolutely. We understand the importance of the practical component, so we have included dedicated support for Paper II - Project Work at the end of the textbook. It strictly complies with the latest Council guidelines, including the specific shift replacing the computer-based project with a project on Depreciation.

Yes. The book includes model test papers prepared according to the Council's specimen paper and the prescribed weightage, helping students practice in an exam-like environment.

Yes. Students get Multiple Choice Questions (MCQs), Assertion-Reason Questions, Competency-Based Questions, Case Study-Based Questions, Missing Value Questions, and Advanced Level Questions in line with the latest Council pattern.

Students and teachers prefer the book for its syllabus-aligned content, graded practical questions, concept-focused explanations, model papers, and comprehensive coverage of the ISC Accountancy curriculum.

Yes. The simple language, well-graded exercises, illustrations, and structured explanations make it suitable for both classroom learning and independent study.

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T.S. Grewal's ISC Double Entry Book Keeping: Textbook for Class 11 (2026-27 Session)

T.S. Grewal's ISC Double Entry Book Keeping: Textbook for Class 11 (2026-27 Session)

T.S. Grewal's Accountancy Textbook for ISC Class 11