Solution of Question number 14 Accounting Equations DK Goel class 11 CBSE (2042-25). Give one example of each of the following transactions: (I) Increase in an asset and a liability. (ii) Decrease in an asset and a liability (iii) Increase…
Solution of Question number 13 Accounting Equations DK Goel class 11 CBSE (2042-25). Yogesh commenced business on 1st April, 2017 with a Capital of ₹ 5,00,000 and a loan of ₹ 1,00,000 borrowed from Citi Bank. On 31st March, 2018,…
Solution of Question number 12 Accounting Equations DK Goel class 11 CBSE (2042-25). A commenced his cloth business on 1st April, 2022 with a capital of ₹ 3,00,000. On 31st March, 2023 his assets were worth ₹ 5,00,000 and liabilities…
Solution of Question number 11 Accounting Equations DK Goel class 11 CBSE (2042-25). If total assets of a business are ₹ 1,30,000 and capital is ₹ 80,000. Calculate Creditors. [Ans. Creditors ₹ 50,000.] Solution:- Below is the list of all…
Solution of Question number 10 Accounting Equations DK Goel class 11 CBSE (2042-25). If the Capital of a business is ₹ 1,20,000 and Outside liabilities are ₹ 20,000. Calculate total assets of the business. [Ans. Total Assets ₹ 1,40,000.] Solution:-…
