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

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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.NAccountNatureIncrease
1FurnitureAssetDebit
2Rent PaidExpensesDebit
3Commission ReceivedIncomeCredit
4Salary PaidExpensesDebit
5Proprietor’s AccountCapitalCredit
6DebtorAssetsDebit
7CreditorsLiabilityCredit

Below is the list of all solutions

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
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11Question – 11
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S.NSolutions
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Anurag Pathak

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