AccountancyWhat you will find here
Accountancy is easier than its reputation. It has very few ideas, and they are simple: every transaction has two equal sides; expenses are matched with the income they help to earn; and at the end of a period the business reports what it earned and what it owns and owes. What makes the subject seem hard is the number of formats and special cases, and the fact that a single slip early on spoils everything after it.
Each page on this site takes one topic and does three things. It states the rule in ordinary words. It works a full example, with every account and statement drawn the way an examiner expects to see it. And it lists the points where students usually lose marks. The examples use the same small businesses across several pages, so you can follow one set of figures from the journal, through the ledger and trial balance, to the final accounts.
Checked by calculation
A solved example with a wrong figure is worse than none. The tables here are produced by a program that will not build a page unless each journal entry balances, each account's two sides agree, each trial balance and balance sheet tallies, and the figures quoted in the sentences match the working. That does not make the site infallible, but it removes the commonest kind of error in accountancy notes.
How to learn accountancy
- Write, do not just read. Work every example on paper with ruled columns.
- Master debit and credit first. Use the practice quiz until the choice is automatic.
- Learn formats exactly. Presentation carries marks: dates, narrations, "To" and "By", totals.
- Check as you go. A trial balance that does not agree, or a balance sheet that does not tally, is telling you something. Find it.
- Revise by redoing. A week later, solve the same example again without looking.
Questions people ask
Is this site for CBSE or state board students?
It covers the topics generally taught in Class 11 and Class 12 accountancy across Indian boards, and in B.Com. It is not tied to one board. Check your own board's current syllabus for what is included this year.
Are the solved examples reliable?
Every table is generated by a program that checks that debits equal credits, that accounts and balance sheets agree, and that figures quoted in the text match the calculation. If you still find a mistake, please tell us through the contact page.
Is it free?
Yes. There is no login and no charge. Advertisements pay for the site.
Where should a beginner start?
With accounting basics, the accounting equation and the rules of debit and credit, in that order, and then the journal entry practice.
For study, and independent. These pages explain accountancy as it is generally taught in Class 11, Class 12 and B.Com courses in India, in our own words with our own examples, reviewed in November 2026. This site is not connected with NCERT, CBSE, ICAI or any board or university. Syllabuses change: follow your own board's or university's current syllabus and textbook. Nothing here is professional accounting, tax or legal advice.