Muskan Kundra
Embark your fun learning journey of accounting with a dedicated tutor support and expertise.
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Muskan Kundra
Masters degree
/ 55 min
About your accounting tutor
I am muskan Kundra with more than 7 years of online and offline teaching experience. I hold the experience of teaching accounting subjects to indian and USA students. I ensure my teaching style caters to the learning pace of students. I can help you understanding basic concepts of financial, cost and managerial accounting. Along with that, i can help you solve homework quesions and ace your skills of using accounting software and excel for solving the case studies. Let’s pace this learning experience and make accounting a fun learning journey. Furthermore, my teaching style of Accounting is practical, structured, and student-focused. I believe that Accounting is best learned through understanding concepts clearly and then applying them through regular practice. Therefore, I aim to create a learning environment where students feel confident in dealing with numbers and financial concepts. I begin each topic by explaining the basic concept in a simple and logical manner. Accounting involves many rules and formats, so I ensure that students understand the “why” behind each concept rather than just memorizing procedures. For example, while teaching journal entries or ledger posting, I explain the reasoning behind debit and credit so that students can apply the rules correctly in different situations. Practice plays a key role in my teaching style. After explaining a concept, I provide multiple examples and gradually move from simple to complex problems. This step-by-step approach helps students build confidence and accuracy. I also encourage students to solve questions on their own and then discuss the solutions in class to clear any doubts. I make use of real-life examples to connect Accounting concepts with practical situations.
Meet Muskan
Muskan graduated from Scd government college, Ludhiana
Specialities of your accounting tutor
Review sessions
Homework help
Exam prep
Visual learning
Case study discussions
CoTutorAI modules
Summary
Podcast
Quiz
Learnings
Flashcard
Spotlight
Zero Risk Guaranteed
15-days refund
Free tutor swap
No cancel fee
1-yr validity
24/7 support
Students for accounting class
Accounting for intermediate
Accounting for beginners
Accounting for adults
Muskan - Accounting tutor also teaches
Accounting
Financial Accounting
Managerial Accounting
Accounting Ethics
Accounting Standards
Cost Accounting
Accounting concepts taught by Muskan
The Tutor and Student reviewed Keynesian economic theory, specifically focusing on aggregate demand, the multiplier effect, and related concepts like MPC and MPS. They practiced solving numerical problems and understanding the diagrammatic representation of these economic principles.
Aggregate Demand (AD)
Marginal Propensity to Consume (MPC)
Marginal Propensity to Save (MPS)
Multiplier Effect
Circular Flow of Income
The student and tutor worked on building a balance sheet, detailing assets, liabilities, and owner's equity. They practiced populating various accounts like cash, receivables, payables, and equipment, while reinforcing the accounting equation and accrual basis of accounting. The student was assigned homework to complete sales budget and cash receipt budget sheets.
Balance Sheet Structure
Calculating Accounts Receivable
Accounts Payable: Money Owed to Suppliers
Non-Current Assets: Long-Term Investments
The Tutor and Student reviewed concepts of monetary and fiscal policy, including the roles of the Bank of Canada and government. They analyzed the causes and effects of inflation and deflation, their impact on Aggregate Demand (AD), and the short-run versus long-run consequences for the economy. The session concluded with an introduction to Keynesian theory and a preview of upcoming topics.
Inflation and Deflation
Aggregate Demand (AD) and its Components
Monetary and Fiscal Policy Tools
The Phillips Curve
The student and tutor reviewed concepts of monetary and fiscal policy, including expansionary and contractionary measures, and analyzed scenarios using these policies. They also explored the Phillips Curve, its relationship between inflation and unemployment, and factors affecting aggregate demand and supply, preparing for upcoming topics like Keynesian theory.
Monetary Policy: Expansionary vs. Contractionary
The Phillips Curve: Inflation and Unemployment Trade-off
Fiscal Policy: Government Spending and Taxation
Aggregate Demand (AD) and its Determinants
The tutor and student reviewed fiscal policy, including expansionary and contractionary measures, and budget types. They then moved on to monetary policy, explaining its tools like interest rates and quantitative easing, and their impact on aggregate demand. The student practiced calculating aggregate demand and understanding components of the AD function, with a plan to cover diagrammatic representations in the next session.
Autonomous Consumption and Propensity to Consume
Monetary Policy: Expansionary vs. Contractionary
Aggregate Demand (AD) Components
Budgetary Concepts: Deficit
Surplus
and Balanced
Fiscal Policy: Expansionary vs. Contractionary
The tutor and student worked through preparing a cash summary, income statement, and calculating the cost of goods sold. They practiced using formulas and spreadsheet references to transfer data between different budget sheets, reinforcing their understanding of financial statement preparation. The next session will cover the balance sheet and a practice exam question.
Cash Receipts vs. Cash Payments
Purchases Budget Formula
Income Statement: Calculating Profitability
Cash Summary Budget
Classroom tools used by accounting tutor
Video conferencing
Graphing & charting tools
Accounting simulation apps
Financial planning tools
Practice questions
Excel/Google sheets
Accounting tutors on Wiingy are vetted for quality
Every tutor is interviewed and selected for subject expertise and teaching skill.