[DK Goel] Q 21 Accounting Equations Solutions CBSE (2024-25) Class 11

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Solution of Question number 21 Accounting Equations DK Goel class 11 CBSE (2042-25).

From the following particulars, prepare the Proprietor’s Capital A/c

April 1Started business with45,000
May 10Withdrew from business for personal use10,000
July 15Further capital introduced55,000
Nov. 30Income tax paid5,000
March 31Profit for the year30,000

[Ans. Balance of Capital Account ₹ 1,15,000]

Solution:-

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