[CBSE] Q 21 Accounting Equation TS Grewal Class 11 (2023-24)
Are you looking for the solution of Question number 21 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2023-24?
(a) Gurman had a capital of ₹ 75,000 on 1st April, 2021. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made. Find out the value of the total assets of the business.
[₹ 90,000.]
(b) After a period of one month, he came to know that he had suffered a loss of ₹ 1,700. He withdrew ₹ 800 for his personal use. Find out his capital and assets of the business.
[Capital ₹ 72,500; Assets ₹ 87,500.]
Solution:-
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| 1 | Question – 1 |
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| 11 | Question – 11 |
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| 21 | Question – 21 |
| 22 | Question – 22 |
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| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
