Snap. Solve.Ace Accounting.
AI-powered accounting homework solver. Snap a photo of any problem and get instant step-by-step explanations with GAAP & IFRS principles.
Scan Problem
Point camera at any accounting problem
How It Works
Simple as 1-2-3
Snap Your Problem
Take a photo of any accounting problem - journal entries, T-accounts, financial statements.
AI Analyzes
Our AI instantly identifies the problem type and applies GAAP/IFRS principles.
Get Solutions
Receive step-by-step explanations with debits, credits, and common mistakes to avoid.
Master Any Accounting Topic
Get step-by-step solutions for all fundamental accounting concepts
Journal Entries
Journal entries are the foundation of the accounting cycle. Learn how to record business transactions with proper debits and credits, including compound entries and adjusting entries.
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T-Accounts
T-accounts provide a visual way to track debits and credits for each account. Master ledger posting and account analysis with clear, step-by-step explanations.
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Trial Balance
The trial balance is a worksheet listing all accounts and their balances to verify that debits equal credits. Learn how to prepare and analyze trial balances.
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Adjusting Entries
Adjusting entries ensure revenues and expenses are recorded in the correct period. Master accruals, deferrals, depreciation, and other end-of-period adjustments.
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Financial Statements
Learn to prepare and analyze the four main financial statements: income statement, balance sheet, statement of retained earnings, and statement of cash flows.
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Depreciation
Depreciation allocates the cost of long-term assets over their useful lives. Master straight-line, declining balance, units of production, and sum-of-years-digits methods.
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Inventory Methods
Learn inventory costing methods including FIFO, LIFO, weighted average, and specific identification. Understand their impact on cost of goods sold and ending inventory.
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Bank Reconciliation
Bank reconciliation compares the company's cash records with the bank statement to identify differences. Learn to prepare reconciliations and make necessary adjusting entries.
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Closing Entries
Closing entries reset temporary accounts to zero at period end and transfer net income to retained earnings. Master the closing process for revenue, expenses, and dividends.
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Accounts Receivable
Learn to account for credit sales, bad debts, and receivables management. Master the allowance method, direct write-off method, and aging of receivables.
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Everything You Need
Master accounting with AI-powered features designed for students
Instant Problem ID
AI identifies any accounting problem type in seconds.
Journal Entries
Complete debit/credit explanations with proper formatting.
GAAP & IFRS
Learn professional accounting standards as you solve.
T-Account Analysis
Visual ledger breakdowns for better understanding.
Mistakes & Tips
Learn from common errors before you make them.
Scan History
Save and review past problems before exams.
Perfect For
Accounting Students
Business Majors
CPA Candidates
Career Changers
Frequently Asked Questions
Everything you need to know about AccountingIQ
AccountingIQ covers all fundamental accounting topics including journal entries, T-accounts, trial balances, financial statements (income statement, balance sheet, cash flow statement), adjusting entries, depreciation, inventory methods, bank reconciliations, and more. It follows both GAAP and IFRS standards.
Simply snap a photo of any accounting problem - whether it's from your textbook, homework, or practice exam. Our AI instantly identifies the problem type, applies the correct accounting principles, and provides step-by-step solutions with proper debit/credit formatting.
Yes! AccountingIQ is designed for students at all levels, from introductory accounting courses to CPA exam preparation. The detailed explanations include professional accounting standards and common exam pitfalls to help you master the material.
Absolutely. Every solution includes detailed step-by-step explanations showing exactly how to arrive at the answer. You'll learn not just the what, but the why behind each accounting entry.
AccountingIQ handles virtually any accounting problem: journal entries, ledger postings, trial balances, adjusting entries, closing entries, financial statement preparation, ratio analysis, cost accounting, and more.
Download AccountingIQ from the App Store, open the app, and point your camera at any accounting problem. You'll get instant analysis and step-by-step solutions to help you understand the material.
Yes! Whether you're studying for Financial Accounting, Managerial Accounting, or any business course with accounting components, AccountingIQ helps you understand and solve problems quickly and accurately.
Yes, AccountingIQ includes a scan history feature that saves all your solved problems. This is perfect for reviewing before exams or building a personal study library of accounting examples.