[CBSE] Q 11 Accounting Equation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 11 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2022-23?
Show the effect of the following transactions and also prepare a Balance Sheet:
(i) Started business with cash ₹ 60,000.
(ii) Rent Received ₹ 2,000.
(iii) Accrued interest ₹ 500.
(iv) Commission Received in advance ₹ 1,000.
(v) Amount withdrawn ₹ 5,000.
[Assets: Cash ₹ 58,000 + Accrued interest ₹ 500 = Liabilities: Commission Received in Advance ₹ 1,000 + Capital: ₹ 57,500.]
[Hint: Capital = Opening Capital ₹ 60,000 + Rent Received ₹ 2,000 + Accrued Interest ₹ 500 – Drawings ₹ 5,000 = ₹ 57,500.]
Solution:-
Below are the links of all solutions
| S.N | Solution |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solution |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
