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NIOS Class 10 Accountancy — Formula Sheet

NIOS Class 10 Accountancy formula sheet, chapter by chapter — 30 formulas across 5 chapters. Follows the NIOS syllabus.

How to Use the Formula Sheet

  1. Write, don't just read — writing each formula out helps it stick.
  2. Understand the derivation — you can rebuild a formula you half-remember.
  3. Group related formulas — link the ones that build on each other.
  4. Test yourself — cover the sheet and write the formulas from memory.

Chapter-Wise Formulas — 5 Chapters

Assets = Liabilities + Capital
Liabilities = Assets - Capital
Capital = Assets - Liabilities
Assets = Capital + Liabilities
Increase in Assets = Debit (+)
The full Accounting Equation formula sheet
Trial Balance = list of ledger balances in debit and credit columns
Total of debit column = Total of credit column
Wrong side posting difference = 2 × amount
If difference is divisible by 9, suspect transposition error
If difference is divisible by 2, look for wrong-side posting
The full Trial Balance and Accounting Errors formula sheet
12

Depreciation

3 entries
Depreciation = (Cost of Assets - Scrap Value (if any)) / Life of Assets
Depreciation of Each Year = (Cost of Assets - Estimated Scrap Value) / Number of years of expected life
Rate of Depreciation = (Annual Depreciation Amount × 100) / Cost Asset
The full Depreciation formula sheet

2 more chapters below

Formula sheets for all 5 chapters with formulas.

Get the Formula Sheets

Get chapter-wise help for NIOS Class 10 Accountancy

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Frequently Asked Questions

Where can I find NIOS Class 10 Accountancy Formula Sheet?

This page has formula sheet for 5 chapters of NIOS Class 10 Accountancy for the board exams 2027. Each chapter links to its own page with the full set.

Go through the syllabus first, then work chapter by chapter: learn the ideas, practise questions, and revise with notes and flashcards. Leave time at the end to revise every chapter once more under timed conditions.

Learn the formulas you use most first, and understand what each symbol means so you can apply them. Knowing where a formula comes from helps you rebuild it if you forget it in the exam.

Browse Formula Sheet by Chapter

5 chapters

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