[CBSE] Q 11, Q 12 Accounting Equation TS Grewal Class 11 (2025-26)

Solution of Question number 11 and 12 of Accounting Equation chapter TS Grewal class 11 CBSE Board (2025-26)

Q. 11. Prove that the Accounting Equation is satisfied in all the following transactions of Suresh. Also prepare a Balance Sheet.

(i) Commenced business with cash ₹ 60,000.

(ii) Paid rent in advance ₹ 500.

(iii) Purchased goods for cash ₹ 30,000 and credit ₹ 20,000.

(iv) Sold goods for cash ₹ 30,000 costing ₹ 20,000.

(v) Paid salary ₹ 500 and salary outstanding being ₹ 100.

(vi) Bought motorcycle for personal use ₹ 5,000.

[Assets: Cash ₹ 54,000 + Prepaid Rent ₹ 500 + Stock ₹ 30,000 = Liabilities: Creditors ₹ 20,000 + Outstanding Salary ₹ 100 + Capital ₹ 64,400.]

Solution:-

Q. 12. Raghunath had the following transactions in an accounting year:

(i) Commenced business with cash ₹ 50,000.

(ii) Paid into bank ₹ 10,000.

(iii) Purchased goods for cash ₹ 20,000 and credit ₹ 30,000.

(iv) Sold goods for cash ₹ 40,000 costing ₹ 30,000.

(v) Rent paid ₹ 500.

(vi) Rent outstanding ₹ 100.

(vii) Bought furniture ₹ 5,000 on credit.

(viii) Bought refrigerator for personal use ₹ 5,000.

(ix) Purchased motorcycle for cash ₹ 20,000.

Create an Accounting Equation to show the effect of the above and also show his Balance Sheet.

[Assets: Cash ₹ 34,500 + Bank ₹ 10,000 + Stock ₹ 20,000 + Furniture ₹ 5,000 + Motorcycle ₹ 20,000 = Liabilities: Creditors ₹ 30,000 + Outstanding Rent ₹ 100 + Vendor for Furniture ₹ 5,000 + Capital: ₹ 54,400.]

Solution:-

Below are the links of all solutions

S.N	Question
1	Question – 1, 2
2	Question – 3, 4
3	Question – 5, 6
4	Question – 7, 8
5	Question – 9, 10
6	Question – 11, 12
7	Question – 13, 14
8	Question – 15, 16
9	Question – 17, 18
10	Question – 19, 20
11	Question – 21, 22
12	Question – 23, 24
13	Question – 25