[CBSE] Q 14 Accounting Equation TS Grewal Class 11 (2024-25)
Solution of Question number 14 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2024-25
Prepare Accounting Equation from the following:
(a) Started business with cash ₹ 1,00,000.
(b) Purchased goods for cash ₹ 20,000 and on credit ₹ 30,000.
(c) Sold goods for cash costing ₹ 10,000 and on credit costing ₹ 15,000 both at a profit of 20%.
(d) Paid salaries ₹ 8,000.
[Capital: ₹ 97,000 + Liabilities: Creditors ₹ 30,000 = Assets: Cash ₹ 84,000 + Stock ₹ 25,000 + Debtors ₹ 18,000.]
Solution:-
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| 1 | Question – 1 |
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| 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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| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
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| 18 | Question – 18 |
| 19 | Question – 19 |
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| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
