Solution of Question number 18 Accounting Equations DK Goel class 11 CBSE (2025-26). From the following transactions, state the nature of accounts and state the accounts which will be debited and credited: 1. Ganesh started business with Cash ₹ 2,00,000.…
Solution of Question number 17 Accounting Equations DK Goel class 11 CBSE (2025-26). 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.…
Solution of Question number 16 Accounting Equations DK Goel class 11 CBSE (2025-26). On which side the increase in the following accounts will be recorded? Also mention the nature of account: 1. Furniture 2. Rent Paid 3. Commission Received 4.…
Solution of Question number 15 Accounting Equations DK Goel class 11 CBSE (2025-26). 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 14 Accounting Equations DK Goel class 11 CBSE (2025-26). Q. 14 (a) 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…
Solution of Question number 13 Accounting Equations DK Goel class 11 CBSE (2025-26). 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 12 Accounting Equations DK Goel class 11 CBSE (2025-26). 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 11 Accounting Equations DK Goel class 11 CBSE (2025-26). 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:-…
Solution of Question number 10 (a), 19 (b) Accounting Equations DK Goel class 11 CBSE (2025-26). Q. 10 (a) Prepare Accounting Equation from the following:- 1. Started business with case ₹ 75,000 and goods ₹ 25,000. 2. Paid for Rent…
Solution of Question number 9 Accounting Equations DK Goel class 11 CBSE (2025-26). Prepare the Accounting Equation on the basis of the following: (a) Started business with case ₹ 1,40,000 and Stock ₹ 2,50,000. (b) Sold goods (costing ₹ 50,000)…
Solution of Question number 8 Accounting Equations DK Goel class 11 CBSE (2025-26). Use Accounting Equation to show the effect of the following transactions of M/s Royal Traders. (a) Started business with cash 1,20,000 (b) Purchased goods for cash 10,000…
Solution of Question number 6 Accounting Equations DK Goel class 11 CBSE (2025-26). What will be the effect of the following on the Accounting Equation? (I) Harish started business with cash ₹ 1,80,000. (ii) Purchased goods for cash ₹ 60,000…
Solution of Question number 5 Accounting Equations DK Goel class 11 CBSE (2025-26). Mohit has the following transactions, prepare Accounting Equation: 1 Business started with cash 1,75,000 2 Purchased goods from Rohit 50,000 3 Sold goods on credit to Manish…
Solution of Question number 4 Accounting Equations DK Goel class 11 CBSE (2025-26). Prepare Accounting Equation from the following: 1 Kunal started business with cash 2,50,000 2 He purchased furniture for cash 35,000 3 He paid commission 2,000 4 He…
Solution of Question number 3 Accounting Equations DK Goel class 11 CBSE (2025-26). Prepare Accounting Equation from the following: (a) Started business with Cash ₹ 2,00,000. (b) Purchased goods for cash ₹ 60,000 and on Credit ₹ 1,50,000. (c) Sold…
