[DK Goel] Q 29 Accounting Equations Solutions CBSE (2024-25) Class 11

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Solution of Question number 29 Accounting Equations DK Goel class 11 CBSE (2042-25).

Prepare accounting equation from the following:

(a) Started business with cash ₹ 40,000, Goods ₹ 50,000 and furniture ₹ 75,000.

(b) Charge Depreciation @ 10% on Furniture.

(c) Goods costing ₹ 10,000 sold for ₹ 11,000 in cash.

[Ans. Cash ₹ 51,000 + Stock ₹ 40,000 + Furniture ₹ 67,500 = Capital ₹ 1,58,500.]

Solution:-

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Anurag Pathak
Anurag Pathak

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