[DK Goel] Q 15 Accounting Equations Solutions CBSE (2024-25) Class 11

Solution of Question number 15 Accounting Equations DK Goel class 11 CBSE (2042-25).

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. Salary Paid

5. Proprietor’s Account

6. Debtor

7. Creditor

Solution:-

S.N	Account	Nature	Increase
1	Furniture	Asset	Debit
2	Rent Paid	Expenses	Debit
3	Commission Received	Income	Credit
4	Salary Paid	Expenses	Debit
5	Proprietor’s Account	Capital	Credit
6	Debtor	Assets	Debit
7	Creditors	Liability	Credit

Below is the list of all solutions

S.N	Solutions
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	Solutions
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
27	Question – 27
28	Question – 28
29	Question – 29