7 Chapters · 4 Difficulty Levels · AI-Generated Scenarios

Master the Full Accounting Cycle
— Step by Step

From your first journal entry to the Statement of Cash Flows. AI-generated practice problems at every difficulty level. Learn accounting the way it's actually taught.

560
Total Scenarios
80
Per Chapter
4
Difficulty Levels
Free
Chapter 1

Sound Familiar?

Why Most Accounting Students Struggle

📚

Textbooks Don't Give Enough Practice

Concepts are explained clearly but there are only 5–10 problems per chapter. You need dozens of reps to build real confidence.

🎲

Generic Quizzes Don't Match How It's Taught

Online quizzes test isolated facts. Real accounting practice connects journal entries → T-accounts → financial statements in a single narrative.

🔁

Students Memorize Answers, Not Processes

Seeing the same scenarios again and again trains memorization, not understanding. When exam questions change slightly, the strategy falls apart.

💡

The Solution

iLove-Accounting.com generates infinite unique scenarios — real company names, realistic transactions, genuinely different every time. You build the process, not the answers.

The Method

Practice Like a Real Accountant

Each chapter follows the actual accounting cycle — the same workflow every accountant uses in practice.

01

Read the Business Narrative

A realistic company story with multiple transactions unfolds over the period. This is your raw material.

02

Record Journal Entries

Date by date, debit by credit — just like a real General Journal. Every transaction gets recorded.

03

Post to T-Accounts

Transfer every entry to the correct ledger T-account. Watch account balances build in real time.

04

Prepare Financial Statements

Income Statement, Balance Sheet, Statement of Cash Flows — built from the accounts you just posted.

Each step builds on the previous — exactly how accounting works in real life.

Complete Curriculum

7 Chapters. Complete Coverage.

Every topic in a first-year accounting course — connected in the right sequence.

1
FREE

Journal Entries

Record every transaction using double-entry accounting.

2
PRO

T-Accounts

Post entries to the ledger and calculate every account balance.

3
PRO

Trial Balance

Verify total debits equal total credits across all accounts.

4
PRO

Income Statement

Calculate revenue, expenses, and net income for the period.

5
PRO

Owner's Equity

Track equity changes through contributions, drawings, and net income.

6
PRO

Balance Sheet

Build the balance sheet: Assets = Liabilities + Equity.

7
PRO

Statement of Cash Flows

Classify operating, investing, and financing activities.

Progressive Challenge

Start Easy. Go Expert.

Every chapter has four difficulty levels so you build skill progressively — not just surface familiarity.

Easy
Beginner
2–5 transactions

Simple cash-only entries. Perfect for your first week. Focus on debits, credits, and the accounting equation.

Medium
Intermediate
5–10 transactions

Mix of cash and credit transactions. Accounts receivable, accounts payable, and basic adjustments.

Hard
Advanced
10–18 transactions

Accruals, prepayments, depreciation, and inventory. This is where real accounting skill gets built.

Expert
Professional
15–25+ transactions

A full month of complex business activity. Every type of transaction — like a real accounting job.

20 unique scenarios per level80 scenarios per chapter, 560 total across the full curriculum. AI generates a fresh scenario every time so you never see the same problem twice.

Pro Feature

Practice in Excel Mode
Like Real Accountants Do

Pro members can work through every problem in a spreadsheet interface — Tab and Enter navigation, column formatting, formula-style entry. Build your Excel skills at the same time you master accounting.

  • Same AI-generated problems, spreadsheet interface
  • Tab and Enter navigation just like Excel
  • Work directly in the browser — no download needed
  • Download as .xlsx to keep your work
  • Builds spreadsheet muscle memory for the real job
Unlock Excel Mode
Journal Entries — Chapter 1 · Hard
Excel Mode
Date
Account
Debit
Credit
Jan 3
Cash
5,000
Capital
5,000
Jan 8
Equipment
1,200
Cash
1,200
Jan 15
Accounts Rec.
800
Revenue
800

Built For

Who Is This For?

🎓

Accounting Students

Ace your intro accounting course with practice that mirrors how it's actually taught in class.

📖

First-Time Learners

Never studied accounting before? Chapter 1 starts from zero and guides you through every concept.

🔄

Self-Learners

Bookkeeping made sense on paper but you need reps. Infinite AI-generated scenarios provide just that.

🏢

Business Owners

Understand the financial statements your accountant produces — and know what questions to ask.

💼

Returning Professionals

Refresh your skills with modern practice problems before stepping back into an accounting role.

Simple Pricing

Start Free. Upgrade When Ready.

No credit card required to start. Cancel anytime.

Free

$0/forever

No credit card required

  • Chapter 1: Journal Entries
  • Easy & Medium difficulty
  • 10 practice problems per day
  • Basic AI feedback
Start Free Today
Most Popular

Pro

$4/month

7-day money-back guarantee

  • All 7 chapters unlocked
  • All 4 difficulty levels
  • Unlimited practice problems
  • Excel mode included
  • Detailed AI explanations
  • Progress tracking across all chapters
Start Free Today →

Cancel anytime · No hidden fees

Ready to Actually Learn Accounting?

Chapter 1 is completely free — no credit card, no commitment. Just you, a business scenario, and the most important skill in finance.

Start Free Today

No credit card required · Cancel anytime

Need help? Chat with your tutor! 🎓

Accounting Practice Problems — Journal Entries to Cash Flows | iLove-Accounting.com | iLove-Accounting.com