Prachi's Blog

Page 2 of 27 with more practical notes and routines for commerce students.

Merchant crates moving through brass canal locks built across an open purchases ledger

Purchases Day Book With GST, Carriage, and Net Invoice

Learn how to prepare a Purchases Day Book with trade discount, carriage, CGST, SGST, IGST, net invoice columns, and ledger posting.

11th
Accounts

A dry ledger riverbed revealing a hidden golden chest and a chained stone burden during the final settlement of a firm

Unrecorded Assets and Liabilities in Dissolution: Journal Entries Made Easy

Learn the exact entries for unrecorded assets realised and unrecorded liabilities paid, with partner takeovers, no-entry cases, and a solved Realisation Account.

12th
Accounts

A community clubhouse growing like a tree from an open ledger as members add glowing contribution tokens

Class 11 Accountancy NPO Project: Complete Club Accounts Guide

Build a complete Class 11 Accountancy NPO project with a club case study, transactions, subscription adjustments, final accounts, findings, and viva questions.

11th
Accounts

A compass between a straight measuring rail and a ranked lantern staircase in a data landscape

Karl Pearson vs Spearman Rank Correlation: Choose the Right Method

A clear guide to choosing Karl Pearson or Spearman rank correlation with formulas, clues, solved examples, and common mistakes.

11th
Economics

A glass matrix decision machine sending rails toward one point, an endless loop, and a blocked wall

Matrix Equations: Unique, Infinite, or No Solution?

Learn how to test a matrix equation AX = B for one answer, many answers, or no answer using determinant, inverse, and consistency checks.

12th
Study Advice

Two open partner ledgers connected by gold and red interest streams on a warm accountancy study desk

Interest on Partners' Current Accounts: Debit vs Credit Balance Treatment

A clear Class 12 Accountancy guide to interest on partners' current accounts, with debit balance, credit balance, journal entries, and solved examples.

12th
Accounts

Glass arc gates guiding tangled trigonometric curves into one clean path before a pen touches the curve

How to Simplify Inverse Trigonometric Expressions Before Differentiating

Learn when to simplify inverse trigonometric expressions before differentiation, with branch checks, identities, examples, and common mistakes.

12th
Study Advice

A profit ledger passing through glass accounting filters to reveal a clear stream of operating cash

Adjusted Profit and Loss Account for Cash Flow

Learn how to use an Adjusted Profit and Loss Account to recover missing operating profit in cash flow statement questions.

12th
Accounts

A brass clock connecting a filling water tank, sliding ladder, and expanding balloon with glowing threads of motion

Rate of Change Problems: Differentiate Every Variable With Respect to Time

Learn a clear step-by-step method for rate of change problems, related rates, units, signs, and common mistakes.

12th
Study Advice

A ledger desk with coin streams, a balance scale, an hourglass, and a bell showing loan interest timing

Retiring Partner's Loan Account: Interest Accrued and Due vs Not Due

Learn how to prepare a retiring partner's loan account and separate interest that is due now from interest accrued but not due.

12th
Accounts

A brass scale lifting damaged stock out of normal ledger columns into a separate loss tray

Abnormal Loss of Stock: Journal Entry and Final Accounts Treatment

Learn the journal entry and final accounts treatment for abnormal loss of stock, including fire, theft, insurance claim, and solved examples.

11th
Accounts

A farmer's harvest moving from fields through weighing, storage, transport, grading, and digital market pathways toward a fair marketplace

Agricultural Marketing in India: Defects and Government Measures

Understand agricultural marketing in India, its main defects, and the government measures used to protect farmers and improve price realization.

11th
Economics

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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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