Ledger green
Accounts
How every rupee gets written down. 6 bite-sized topics, each with a story and a few fun questions.
Your guide: Meera, runs Meera's Kirana, a busy little shop.
#1
What is Accounting?
Accounting means recording, sorting and summing up the money transactions of a business, so…
4 questions → #2The Accounting Equation
Assets = Liabilities + Capital. What a business owns always equals what it owes to…
4 questions → #3Debit and Credit
Every transaction has two equal sides: a debit (Dr, the left side) and a credit (Cr, the…
4 questions → #4Journal Entries
A journal is the first book where every transaction is written, in date order, as a debit…
4 questions → #5Ledger and T-Accounts
A ledger collects all the entries of one account in one place, so you can see its balance.
4 questions → #6Trial Balance
A trial balance lists every ledger balance on one date, to check that total debits equal…
4 questions →