[CBSE] Q 19, Q 20 Accounting Equation TS Grewal Class 11 (2025-26)

Solution of Question number 19 and 20 of Accounting Equation chapter TS Grewal class 11 CBSE Board (2025-26)

Q. 19. Calculate the total assets if:

(i) Capital is ₹ 40,000.

(ii) Creditors are ₹ 25,000.

(iii) Revenue during the period is ₹ 50,000.

(iv) Expenses during the period are ₹ 40,000.

[Total Assets = ₹ 75,000.]

Solution:-

Q. 20. (a) Gurman had a capital of ₹ 75,000 on 1st April, 2021. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made.

Find out the value of the total assets of the business.

[₹ 90,000.]

(b) After a period of one month, he came to know that he had suffered a loss of ₹ 1,700. He withdrew ₹ 800 for his personal use. Find out his capital and assets of the business.

[Capital ₹ 72,500; Assets ₹ 87,500.]

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