# [DK Goel] Q 9 Accounting Equations Solutions CBSE (2024-25) Class 11

Solution of Question number 9 (a), 9 (b) Accounting Equations DK Goel class 11 CBSE (2042-25).

Prepare Accounting Equation from the following:-

1. Started business with case ₹ 75,000 and goods ₹ 25,000.

2. Paid for Rent ₹ 2,000.

3. Bought goods for cash ₹ 30,000 and on credit for ₹ 44,000.

4. Goods costing ₹ 50,000 sold at a profit of 25%, out of which ₹ 27,500 received in Cash.

5. Purchased a Motor-Cycle for personal use ₹ 20,000.

[Ans. Assets : Cash ₹ 50,500 + Stock ₹ 49,000 + Debtors ₹ 35,000 = Liabilities : Creditors ₹ 44,000 + Capital ₹ 90,500.]

Solution:-

Prepare Accounting Equation from the following and also prepare a Balance Sheet:-

1. Raghu started business with case ₹ 1,50,000.

2. Bought goods for cash ₹ 80,000 and on credit for ₹ 40,000.

3. Goods costing ₹ 75,000 sold at a profit of 33 and 1/3%. Half the payment received in cash.

4. Goods costing ₹ 10,000 sold for ₹ 12,000 on credit.

5. Paid for Rent ₹ 2,000 and for salaries ₹ 4,000.

6. Goods costing ₹ 20,000 sold for ₹ 18,500 for cash.

[Ans. Assets : Cash ₹ 1,32,500 + Stock ₹ 15,000 + Debtors ₹ 62,000 = Liabilities : Creditors ₹ 40,000 + Capital ₹ 1,69,500; Balance Sheet total ₹ 2,09,500.]

Solution:-

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