[CBSE] Q 21, Q 22 Accounting Equation TS Grewal Class 11 (2025-26)

Solution of Question number 21 and 22 of Accounting Equation chapter TS Grewal class 11 CBSE Board (2025-26)

Q. 21. Pranav started business on 1st April, 2021 with capital of ₹ 5,50,000. On 31st March, 2022 his total assets were ₹ 10,75,000 and liabilities were ₹ 2,92,500. Calculate the amount by which his capital has increased as on 31st March, 2022.

[₹ 2,32,500.]

Solution:-

Q. 22. (a) Mohan started a business on 1st April, 2021 with a capital of ₹ 10,000 and borrowed ₹ 3,000 from a friend. He earned a profit of ₹ 5,000 during the year ended 31st March, 2022 and withdrew cash ₹ 4,000 for personal use. What is his capital on 31st March, 2022?

[₹ 11,000.]

(b) Mahesh started a business with a capital of ₹ 15,000 on 1st April, 2021. During the year, he made a profit of ₹ 3,000. He owes ₹ 2,500 to suppliers of goods. What is the total of assets in his business on 31st March, 2022?

[₹ 20,500.]

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