[CBSE] Q 1, Q 2 Accounting Equation TS Grewal Class 11 (2025-26)
Solution of Question number 1 and 2 of Accounting Equation chapter TS Grewal class 11 CBSE Board (2025-26)
Q. 1 What will be effect of the following on the Accounting Equation?
(i) Started business with cash ₹ 45,000
(ii) Opened a Bank Account with a deposit of ₹ 4,500
(iii) Bought goods from M/s Sun & Co. for ₹ 11,200
[Assets: Cash ₹ 40,500 + Bank ₹ 4,500 + Stock ₹ 11,200 = Liabilities: Creditors ₹ 11,200 + Capital: ₹ 45,000.]
Solution:-
Q. 2. Show the Accounting Equation for the following transactions:
| (i) Gopinath started business with cash | ₹ 25,000 |
| (ii) Purchased goods from Shyam | ₹ 10,000 |
| (iii) Sold goods to Sohan costing ₹ 1,800 | ₹ 1,500 |
| (iv) Gopinath withdrew from business | ₹ 5,000 |
[Assets: Cash ₹ 20,000 + Stock ₹ 8,200 + Debtors ₹ 1,500 = Liabilities: Creditors ₹ 10,000 + Capital: ₹ 19,700.]
Solution:-
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