Class 11 Project Work 2024 – 25

Commerce Project - 1
Topic: Sole Trader
Meaning of Business
Types of Private Sector Undertakings
Meaning of Sole Trader
Characteristics of Sole Trader
How a Sole Trade business is formed
Objectives of Sole Trade business
Merits and Demerits of Sole Trade Business
Suitability of Sole Trade Business
Social Utility of Sole Trade Business

Accounts Project - 1
Kabir Singh decided to commence business of Garments under the name of M/s Kabir Garments from 1st April, 2022.
Kabir had savings of ₹ 5,00,000 out of which he invested ₹ 4,00,000 into the business commenced by him. He also
borrowed ₹ 3,00,000 from Bank of Baroda. Kabir purchased a building costing ₹ 2,00,000 for factory of the business.
Kabir also purchased Machines costing ₹ 70,000. The Bank loan was to be repaid in 3 instalments along with the
interest as follows:
Due Date of Loan Loan Amount Interest Amount Instalments
th
June 30 , 2022 1,00,000 10,000 ₹ 1,10,000
September 30th, 2022 1,00,000 7,500 ₹ 1,07,500
st
December 31 , 2023 1,00,000 5,000 ₹ 1,05,000

The business was registered and required legal formalities by taking TAN no., PAN no. and GSTIN no, etc. were
complied with in which a total of ₹ 2,500 was spent. Kabir sensed the requirement of more funds so he deposited ₹
2,50,000 into bank on 1st May, 2022. On 1st April, 2022 Security Deposit of ₹ 5,000 for the electricity connection with
JSEB and ₹ 2,000 for BSNL landline connection was made with the concerned authority. Furniture was also purchased
on 1st April, 2022.
All payments were made by cheque. At the end of the year, the business showed the following information:
Total Sales - ₹ 35,00,000
Total Purchases - ₹ 15,00,000
Electricity Expenses paid - ₹ 50,000
Telephone Charges - ₹ 50,000
Cartage Inwards - ₹ 10,000
Cartage Outwards - ₹ 15,000
Travelling Expenses - ₹ 25,000
Maintenance Expenses - ₹ 50,000
Miscellaneous Expenses - ₹ 20,000
Electricity Charges payable - ₹ 20,000
Kabir withdrew ₹ 7,000 by cheque each month for his personal expenses.

Journalise the above transactions in the books of M/s Kabir Garments, post them into the ledger Accounts and
Prepare Trial Balance.

General Instruction for Project Preparation of Accounts/Commerce

1. Projects must be done in Hard Cover Files.
2. Project Cover file must be covered with Silver Marble Paper.
3. Name of the Project must be written on the top of the Project over the Silver Marble Paper.
4. Students name, class, roll no. and section must be written on the top of the Project on Silver Marble Paper.
5. For class 12 – Unique ID no. place should be left blank along with Serial Number.
6. Project should be done neatly and without any cuts.
7. Project Paper should be One page rule and one page blank.
8. Blank pages must be used to paste relevant pictures and Rule page must be used for writing purpose.
9. Project must be completed in time.
10. Date of Project submission will be informed later on. But all the students must complete the projects before
the stipulated time.
11. There will be no extra time given.
12. Projects must be written as per the details provided along with the Project description.
13. Students are supposed to use Black/Blue ink Ball pen to write the project.
14. Students are not allowed to use Pencil to write the projects.

Cover Page:
Commerce/Accountancy Project - Project No. – 1
Name: -____________________
Class: - _____________________ Section _______
Roll No. ______________
Page No. 1
Project Topic - _____________
Page No. 2
Index
Students are asked to write down the page numbers for each topic covered in this page. You are advised to
complete the project first and then add this page so that you will be in a position to write correct page numbers.
Page No. 3
Certificate of Project Completion
This is to certify that Name of the Student has completed Commerce/Accountancy Project under the guidance of
Name of the Teacher (Mr. Mukesh Kumar Jha). While preparing the project all necessary precautions have been
taken. The Project has been prepared by the student himself. No plagiarism has been done. Any similarity in the
project may be a matter of coincidence. All relevant information have been given in the project including
Content, Pictures, Findings, conclusion and Bibliography.
Name of the Teacher _______ Name of the External Examiner ______
Signature ______________ Signature of the External ___________
Date: - _________________ Date ______________________
Page 4
I, Name of the student, a student of Gulmohur High School, Telco, express my special thanks of gratitude to my
subject teacher, Mr. Mukesh Kumar Jha, as well as our school Principal, Mrs. Priti Sinha, who gave me the golden
opportunity to do this wonderful project on the topic (Name of the topic of project), which also helped me in
doing a lot of Research and I came to know about a lot many new things. I am really indebted and thankful to
them.
Secondly, I am also thankful to my parents and friends for their encouragement and help in designing and
finalizing this project within the limited time frame. Only because of them I was able to create my project and
make it good and enjoyable experience.
Thank you.
Page 5
Introduction
In this page students are asked to introduce the project with suitable explanation about the project
Page 6 onwards
Start writing about the Projects in detail as per the description given in the project topic.
Relevant pictures must be pasted and relevant Diagrams must be made on the left hand side blank page.
Third Last Page
Findings
Students are asked to write about the highlights of the projects or important points of the project in bulleted
points. It should not be too lengthy. Should be crisp but concrete points must be written about the learning of
the project.
Second last page
Conclusion