[CBSE] Q 3 Accounting Equation TS Grewal Class 11 (2023-24)
Solution of Question number 3 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2023-24?
Prepare an Accounting Equation and Balance Sheet on the following basis:
(i) Gurman Started business with cash ₹ 20,000.
(ii) He purchased furniture for ₹ 2,000.
(iii) He paid rent of ₹ 200.
(iv) He purchased goods on credit ₹ 3,000.
(v) He sold goods (cost price ₹ 2,000) for ₹ 5,000 on cash.
[Assets: Cash ₹ 22,800 + Furniture ₹ 2,000 + Stock ₹ 1,000 = Liabilities: Creditor ₹ 3,000 + Capital: ₹ 22,800.]
Solution:-
Below are the links of all solutions
| S.N | Question |
| 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 |
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| 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 | Question |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
