Prachi's Blog

Page 8 of 20 with more practical notes and routines for commerce students.

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.

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Accounts

Debentures Issued at Par, Premium, and Discount

A clear Class 12 Accountancy guide to debentures issued at par, premium, and discount with journal entries and common mistakes.

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Accounts

Coins flowing from a partnership ledger across a calendar to show how time affects interest on drawings

Interest on Drawings: Calculation When Dates Are Given vs Not Given

A clear Class 12 Accountancy guide to interest on drawings, with formulas, average period shortcuts, journal entries, and solved examples.

12th
Accounts

A brass balance scale on an open ledger with assets, liabilities, reserves, and provisions shown as classroom objects

Revaluation Account: Assets, Liabilities, Reserves, and Provisions

A clear Class 12 Accountancy guide to Revaluation Account, with rules for assets, liabilities, reserves, provisions, journal entries, and a solved format.

12th
Accounts

A commerce notebook opening into a miniature city connected by glowing bridges for tax, accounting, law, and business careers

Careers in Taxation After Commerce: Scope, Courses, and Skills

A practical guide to careers in taxation after Commerce, including direct tax, GST, study routes, job roles, and skills students should build early.

Career Advice
Accounts

Two open ledgers connected by a cracked paper bridge with a seal, symbolising dishonour of a bill of exchange

Dishonour of Bill of Exchange: Entries in the Books of Drawer and Drawee

A clear Class 11 Accountancy guide to dishonour of a bill of exchange, noting charges, and journal entries in the books of drawer and drawee.

11th
Accounts

A stream of mixed cash records passing through a glass accounting prism into two clear ledger streams

Income and Expenditure Account From Receipts and Payments

A clear Accountancy guide to preparing an Income and Expenditure Account from a Receipts and Payments Account, with adjustments, format, and examples.

Accounts

An old partnership ledger redesigned as an architectural blueprint with a new wing added and a balanced foundation

New Balance Sheet After Admission of a Partner

A clear Class 12 Accountancy guide to preparing the new balance sheet after admission of a partner, with order of adjustments, format, and common mistakes.

12th
Accounts

An accountancy ledger splitting into two paths, one for daily running costs and one for long-term business assets

Capital Expenditure vs Revenue Expenditure: How to Identify It

A clear Class 11 Accountancy guide to identifying capital and revenue expenditure in questions, with tests, examples, and common mistakes.

11th
Accounts

Two ledger paths on a study table leading to a balance scale, showing different Accountancy routes in CBSE and ISC

CBSE vs ISC Accountancy: Which Board Has More Numericals?

A clear guide for Class 11 and 12 commerce students comparing CBSE and ISC Accountancy workload, numerical practice, concepts, and exam preparation.

11th
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Study Advice
Accounts

A ledger landscape with a flowing stream of cash and assets beside a rooted stone staircase showing two balance sheet arrangements

Marshalling of Assets and Liabilities: Liquidity vs Permanence

A clear Class 11 Accountancy guide to arranging assets and liabilities in the balance sheet by order of liquidity and order of permanence.

11th
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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