[CBSE] Q 5 Accounting Equation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 5 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2022-23?
Develop an Accounting Equation from the following transactions:
i) Mohan commenced business with cash | ₹ 50,000 |
ii) Purchase goods for cash | ₹ 30,000 |
iii) Purchased goods on credit | ₹ 20,000 |
iv) Sold goods (costing ₹ 10,000) for | ₹ 12,000 |
v) Bought furniture on credit | ₹ 2,000 |
vi) Paid cash to a creditor | ₹ 15,000 |
vii) Salary paid | ₹ 1,000 |
[Assets: Cash ₹ 16,000 + Stock ₹ 40,000 + Furniture ₹ 2,000 = Liabilities: Creditors ₹ 5,000 + Vendor for Furniture ₹ 2,000 + Capital: ₹ 51,000.]
Solution:-
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S.N | Solution |
1 | Question – 1 |
2 | Question – 2 |
3 | Question – 3 |
4 | Question – 4 |
5 | Question – 5 |
6 | Question – 6 |
7 | Question – 7 |
8 | Question – 8 |
9 | Question – 9 |
10 | Question – 10 |
S.N | Solution |
11 | Question – 11 |
12 | Question – 12 |
13 | Question – 13 |
14 | Question – 14 |
15 | Question – 15 |
16 | Question – 16 |
17 | Question – 17 |
18 | Question – 18 |
19 | Question – 19 |
20 | Question – 20 |
S.N | Solutions |
21 | Question – 21 |
22 | Question – 22 |
23 | Question – 23 |
24 | Question – 24 |
25 | Question – 25 |
26 | Question – 26 |