[DK Goel] Q 23 Accounting Equations Solutions CBSE (2024-25) Class 11

Share your love

Solution of Question number 23 Accounting Equations DK Goel class 11 CBSE (2042-25).

Prepare accounting equation from the following:

(a) Started business with cash ₹ 50,000 and goods ₹ 30,000.

(b) Purchased goods for cash ₹ 30,000 and on credit from Karan ₹ 20,000.

(c) Goods costing ₹ 40,000 were sold for ₹ 55,000 for cash.

(d) Withdrew cash for personal use ₹ 10,000.

(e) Rent outstanding ₹ 2,000.

[Ans. Assets : Cash ₹ 65,000 + Stock ₹ 40,000 = Liabilities : Creditors ₹ 20,000 + Outstanding Rent ₹ 2,000 + Capital ₹ 83,000.]

Solution:-

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
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
28Question – 28
29Question – 29
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 6561

Leave a Reply

Your email address will not be published. Required fields are marked *

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh