[CBSE] Q 1 Accounting Equation TS Grewal Class 11 (2022-23)
Solution of Question number 1 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2022-23?
What will be effect of the following on the Accounting Equation?
(i) Started business with cash ₹ 45,000
(ii) Opened a Bank Account with a deposit of ₹ 4,500
(iii) Bought goods from M/s Sun & Co. for ₹ 11,200
[Assets: Cash ₹ 40,500 + Bank ₹ 4,500 + Stock ₹ 11,200 = Liabilities: Creditors ₹ 11,200 + Capital: ₹ 45,000.]
![](https://commerceschool.in/wp-content/uploads/2022/12/q1-1-1024x190.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2022/12/1-44-1024x384.webp)