[DK Goel] Q 16 Accounting Equations Solutions CBSE (2024-25) Class 11
Solution of Question number 16 Accounting Equations DK Goel class 11 CBSE (2042-25).
On which side the decrease in the following accounts will be recorded? Also mention the nature of account:-
1. Cash
2. Bank Overdraft
3. Rent paid
4. Outstanding Rent
5. Prepaid Insurance
6. Manoj, Proprietor of the business
Solution:-
| S.N | Account | Nature | Decrease |
| 1 | Cash | Asset | Credit |
| 2 | Bank Overdraft | Liability | Debit |
| 3 | Rent Paid | Expenses | Credit |
| 4 | Outstanding Rent | Liability | Debit |
| 5 | Prepaid Insurance | Asset | Credit |
| 6 | Manoj, Proprietor of the Business | Capital | Debit |
Below is the list of all solutions
| S.N | Solutions |
| 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 | Solutions |
| 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 |
| 27 | Question – 27 |
| 28 | Question – 28 |
| 29 | Question – 29 |
