[ISC] Q 1 Accounting Equation Solutions TS Grewal Class 11 (2024-25)

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Solution of Question number 1 Accounting Equation TS Grewal class 11 ISC 2024-25

Show the Accounting Equation on the basis of the following transactions:

(i) Gopinath Started business with cash ₹ 25,000

(ii) Purchased goods from Shyam ₹ 10,000

(iii) Sold goods to Sohan costing ₹ 1,800 for ₹ 1,500

(iv) Gopinath withdrew from business ₹ 5,000

Solution:-

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