
Depreciation, Provisions and Reserves involves more than learning definitions and accounting rules. You need to distinguish provisions from reserves, understand how depreciation methods work, and apply the correct entries when assets are purchased or sold. Questions involving different purchase dates, partial asset sales, and ledger accounts can make calculations harder, especially when you are revising several concepts together before an examination.
From comparing provisions and reserves to solving machinery-related numericals, PW’s YouTube videos help you approach the chapter through concept explanations and practical questions. One-shot lessons cover key definitions, depreciation methods, and accounting entries, while question-based videos let you practise calculations and check your understanding. You can revisit difficult topics, correct common mistakes, and prepare for your Class 11 Accountancy examination with greater confidence.
The one-shot lesson explains the meaning, definitions, features, objectives, and importance of provisions and reserves. You can compare the two concepts and learn about revenue, capital, general, specific, and secret reserves, along with their accounting treatment. Practical questions and key chapter concepts help you connect the theory with accounting records. If you are studying the topic for the first time or need a quick revision before an examination, this video helps you recall the main differences, understand the purpose of each type, and prepare clearer answers in Class 11 Accountancy.
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Do you find it difficult to calculate depreciation when machinery is purchased or sold during a financial year? This practice lesson covers the Straight-Line Method and Written Down Value Method, along with Provision for Depreciation and the Asset Disposal Account. You work through machinery questions involving purchase and sale dates, financial years, and partial disposal. Attempting the questions before watching their solutions gives you a chance to check your method and identify mistakes. Use this video after learning the basic concepts to improve calculation accuracy and practise the steps needed to solve depreciation numericals in your examination.
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Need to revise several chapter topics without studying them separately? This revision lesson covers the meaning and causes of depreciation, the Straight-Line and Written Down Value methods, net and gross accounting approaches, and journal entries. You also practise theory-based and numerical MCQs, including questions on partial asset sales, machinery sales, and the Provision Account. The mix of concepts and calculations helps you check your understanding and recognise different question types. Watch this video during your final revision to refresh key points, practise applying accounting rules, and identify topics that need more attention before your Class 11 Accountancy examination.
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If you need to revise the entire Depreciation chapter, this one-shot lesson covers definitions, features, causes, need, importance, factors, amortisation, depletion, and depreciation methods. You can also revisit journal entries, ledger accounts, purchases of single and multiple assets, partial sales, machinery sales, the Provision for Depreciation Account, and the Asset Disposal Account. Homework questions provide further opportunities to apply the concepts. Use this video for a complete chapter revision or to revisit topics before your examination. It helps you connect basic definitions with accounting entries and practical questions, making it easier to recall the steps when solving problems.
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Preparing for Class 11 Accountancy becomes easier when you know how to apply each concept to a question. PW’s videos let you revisit depreciation calculations, understand the treatment of provisions and reserves, and practise questions involving machinery and asset disposal. Watch the lessons covering topics you find difficult, then solve similar questions on your own to check your progress. Consistent practice can help you recognise the correct accounting treatment, strengthen your problem-solving skills, and approach your school examinations with better preparation.
