Prachi's Blog

Page 24 of 37 with more practical notes and routines for commerce students.

An accounting ledger transforming into glowing charts and data constellations as a metaphor for commerce students entering analytics

Can Commerce Students Build a Career in Data Analytics?

A clear, friendly guide for commerce students on data analytics careers, required skills, tools, projects, courses, and how to start after Class 12.

Career Advice
Study Advice

A clockwork ledger with golden interest streams flowing from debenture pillars into journal books

Interest on Debentures: Journal Entries and Common Mistakes

A clear Class 12 Accountancy guide to interest on debentures, TDS entries, payment entries, year-end transfer, and common mistakes.

12th
Accounts

Three separate streams of coins, cheques, and discount ribbons flowing into one open ledger book

Three-Column Cash Book: Cash, Bank, and Discount Columns Explained

Learn how to prepare a three-column cash book with cash, bank, and discount columns, including contra entries, cheque treatment, balancing, and common mistakes.

11th
Accounts

An old bill of exchange transforming across a bridge of time into a renewed bill with coins and a clock showing interest

Renewal of Bill of Exchange: Interest, Cash Payment, and New Bill Entries

Learn renewal of a bill of exchange with interest treatment, part payment, new bill amount, journal entries, and solved examples.

11th
Accounts

A company tree being nourished by investor invitations, employee options, and skilled effort as symbols of share issue

Private Placement, ESOP, and Sweat Equity Explained

A clear Class 12 Accountancy guide to private placement, ESOP, and sweat equity shares with differences, examples, and journal entry logic.

12th
Accounts

An accounting ledger turning into a community garden with separate streams flowing to a sports arena, prize pedestal, and building foundation

Tournament Fund, Prize Fund, and Building Fund in NPO Accounts

A clear Accountancy guide to special funds in not-for-profit organisation accounts, with treatment of tournament fund, prize fund, building fund, and common mistakes.

11th
Accounts

Transparent accounting rule layers turning scattered transaction slips into a clear ledger on a study desk

Accounting Standards, GAAP, and IFRS in Class 11 Accounts

A friendly Class 11 Accounts guide to Accounting Standards, GAAP, and IFRS, with simple examples, clear differences, and exam-ready explanations.

11th
Accounts

Two connected accounting machines turning inventory boxes into sales papers and invoice boats into cash coins

Inventory Turnover Ratio and Trade Receivables Turnover Ratio

A clear Accountancy guide to inventory turnover ratio and trade receivables turnover ratio, with formulas, interpretation, examples, and common mistakes.

12th
Accounts

A bridge of ledger columns leading across a gap in a trial balance, showing suspense account as a temporary crossing

Suspense Account in Rectification of Errors: When to Use It and When Not To

A simple Accountancy guide to suspense account, trial balance differences, and how to decide whether an error should be corrected through suspense.

11th
Study Advice
Accounts

A glass community building balanced on an open ledger with assets, liabilities, and funds arranged like building blocks

Balance Sheet of a Not-for-Profit Organisation

A clear Accountancy guide to preparing the opening and closing Balance Sheet of a not-for-profit organisation, with capital fund, adjustments, and a solved format.

11th
Accounts

Three learning paths branching from an open commerce notebook toward accounting, academic research, and business management

BCom vs BCom Honours vs BBA: Which Is Better After Class 12 Commerce?

A clear, student-friendly guide to choosing between BCom, BCom Honours, and BBA after Class 12 Commerce based on goals, strengths, and future plans.

12th
Career Advice

A central ledger receiving streams of assets, liabilities, and coins from open accounting drawers during partnership dissolution

Realisation Account in Dissolution of Partnership Firm: Format and Entries

Learn Realisation Account in dissolution of a partnership firm with format, journal entries, asset and liability treatment, expenses, tricky cases, and a solved flow.

12th
Accounts

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Prachi is a gold-medalist commerce teacher with experience at Deloitte and KPMG. She focuses on fundamentals to build a strong foundation.

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