[CBSE] Q 25 Accounting Equation TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 25 of Accounting Equation chapter TS Grewal class 11 CBSE Board 2022-23?
Calculate the amount of External Equities as on 31st March, 2022 in the following cases:
(i) On 31st March, 2022, total assets and capital were ₹ 15,00,000 and ₹ 10,50,000 respectively.
(ii) On 1st April, 2021, Mukesh started business with a capital of ₹ 3,00,000 and a loan of ₹ 3,00,000 borrowed from a friend. During the year, he earned a profit of ₹ 1,50,000. On 31st March, 2022, the total assets were ₹ 15,00,000.
(iii) On 1st April, 2021, Ramesh started business with a capital of ₹ 3,00,000 and a loan of ₹ 3,00,000 borrowed from a friend. During the year, he earned a profit of ₹ 1,50,000, introduced an additional capital of ₹ 1,80,000 and had withdrawn ₹ 90,000 for his personal use. On 31st March, 2022 total assets were ₹ 15,00,000.
[(i) ₹ 4,50,000; (ii) ₹ 10,50,000; (iii) ₹ 9,60,000.]
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 |
