Questions from Class 11 Accountancy Chapter 7 Depreciation, Provisions and Reserves come up often in the CBSE Class 11 exam. These class 11 accountancy handwritten notes chapter 7 Depreciation, Provisions and Reserves follow the 2026-27 NCERT and cover meaning, features and causes of depreciation, depletion and amortisation compared, factors that fix the depreciation amount. This page hosts the.
- CBSE Class 11 Weightage: a scoring chapter in the Accountancy paper, asked in short and long answers.
- What the notes cover: meaning, features and causes of depreciation, depletion and amortisation compared, factors that fix the depreciation amount, straight line method with formula and example.
- Best for: quick revision before Class 11 exams and a base for CUET later.
You can read the complete class 11 accountancy handwritten notes for Depreciation, Provisions and Reserves, with key terms, boxed definitions, and quick revision points, in the PDF below.
These handwritten notes are written by subject teachers, mapped to the 2026-27 NCERT, and checked against the last five years of CBSE Class 11 Accountancy papers.
What the Depreciation, Provisions and Reserves Handwritten Notes Cover
This chapter has two parts. The first explains depreciation, the fall in value of a fixed asset, and how to work it out. The second covers provisions and reserves, two ways a firm sets money aside from profit.
- Meaning, features and causes of depreciation
- Depletion and amortisation compared
- Factors that fix the depreciation amount
- Straight line method with formula and example
- Written down value method with formula and example
- Provisions and provision for doubtful debts
- Reserves, their types and secret reserve
Depreciation, Provisions and Reserves Topic-wise Weightage for CBSE Class 11 Accountancy
Some parts of this chapter are asked more often than others. The table below shows which sub-topics to revise first, based on recent CBSE Class 11 question trends.
| Sub-topic | Weightage | CBSE Frequency |
|---|---|---|
| Straight line and written down value methods | High | almost every year |
| Provision versus reserve | High | frequent |
| Causes and need for depreciation | Medium | often |
| Types of reserves and secret reserve | Medium | often |
| Provision for doubtful debts | Low | sometimes |
Key Terms and Ideas in Depreciation, Provisions and Reserves
These are the terms and ideas the exam asks about most. Learn each one so you can define it and use it in your answers.
| Term / Idea | What it means |
|---|---|
| Depreciation | fall in value of a fixed asset from use or time |
| Straight line method | same amount charged each year on cost |
| Written down value method | falling charge on the book value |
| Depreciable cost | cost of the asset less its residual value |
| Provision | charge against profit for a known likely loss |
| Reserve | part of profit kept aside for future needs |
| Secret reserve | reserve that does not appear in the balance sheet |
How Collegedunia's Handwritten Notes Help You Revise Depreciation, Provisions and Reserves
These notes are made for the night before the exam. They keep the facts short and easy to scan. Collegedunia maps every point to the 2026-27 NCERT.
- Clear handwriting: each topic is written in neat, easy-to-read handwriting.
- Boxed key terms: the main terms and definitions are boxed by hand for fast recall.
- Diagrams and tables: simple hand-drawn tables and charts make ideas clear.
- Colour-coded headings: new sub-topics stand out, so you find any section in seconds.
Depreciation, Provisions and Reserves Self-Assessment Quiz
Try these quick questions after you read the notes. Tap each question to check your answer. They cover the points CBSE asks most often.
Under the straight line method, the depreciation charged each year is
(a) rising (b) falling (c) constant (d) zero
Answer: (c) constant - the same amount is charged every year on cost
The written down value method charges depreciation on the
(a) original cost (b) book value (c) scrap value (d) market value
Answer: (b) book value - so the charge falls each year
Depreciation on which of these is not charged
(a) machine (b) building (c) furniture (d) closing stock
Answer: (d) closing stock - it is a current asset, not a fixed asset
A provision is best described as
(a) appropriation of profit (b) charge against profit (c) a reserve (d) an asset
Answer: (b) charge against profit - it is debited to the P&L account
A secret reserve is one that
(a) shows in the balance sheet (b) does not show in the balance sheet (c) equals capital (d) is a current asset
Answer: (b) does not show in the balance sheet - it hides the true position
How to Use These Handwritten Notes for Class 11 Accountancy Revision
Use these class 11 accountancy handwritten notes in two passes. Read them slowly once for the full chapter. Then, near the exam, read only the boxes and key terms for a fast recall.
- Read the notes once with the NCERT chapter open beside you.
- Say each key term and idea in your own words.
- Practise one long-answer question from a past paper.
- On the last day, revise only the key terms and the boxes.
Class 11 Accountancy Handwritten Notes for All Chapters
The table below links the class 11 accountancy handwritten notes for every chapter. Use it to jump to any other chapter's notes.
| Chapter | Resource |
|---|---|
| Chapter 1 | Introduction to Accounting Handwritten Notes |
| Chapter 2 | Theory Base of Accounting Handwritten Notes |
| Chapter 3 | Recording of Transactions I Handwritten Notes |
| Chapter 4 | Recording of Transactions II Handwritten Notes |
| Chapter 5 | Bank Reconciliation Statement Handwritten Notes |
| Chapter 6 | Trial Balance and Rectification of Errors Handwritten Notes |
| Chapter 7 | Depreciation, Provisions and Reserves Handwritten Notes |
| Chapter 8 | Financial Statements I Handwritten Notes |
| Chapter 9 | Financial Statements II Handwritten Notes |
Depreciation, Provisions and Reserves Class 11 Accountancy Handwritten Notes FAQs
Ques. Where can I download Depreciation, Provisions and Reserves Class 11 Accountancy Handwritten Notes PDF?
Ans. You can download the Depreciation, Provisions and Reserves Class 11 Accountancy Handwritten Notes PDF directly from this page. Both the Normal and HD versions are free.
Ques. Are these handwritten notes aligned with the 2026-27 NCERT?
Ans. Yes. These notes follow the current 2026-27 syllabus for Class 11 Accountancy. why two methods of depreciation exist and which one to use
Ques. How many pages is the Class 11 Accountancy Depreciation, Provisions and Reserves Handwritten Notes PDF?
Ans. The notes run about 20 pages. They cover the full chapter with key terms, hand-drawn boxes, and a short self-assessment quiz.
Ques. What is the main idea of the 11th standard Accountancy chapter Depreciation, Provisions and Reserves?
Ans. The straight line method charges an equal amount each year on cost and suits assets with steady use like buildings. The written down value method charges a falling amount on book value and suits plant and vehicles that need rising repairs.
Ques. Are these Depreciation, Provisions and Reserves notes enough for the CBSE Class 11 exam?
Ans. Yes, for revision. The Collegedunia handwritten notes cover every key point and exam term. Read them with the NCERT chapter and practise past questions.
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