[ISC] Q 2 Accounting Equation Solutions TS Grewal Class 11 (2024-25)

Share your love

Solution of Question number 2 Accounting Equation TS Grewal class 11 ISC 2024-25

Show the effect of the following transactions on the Accounting Equation:

(i) Started business with cash ₹ 50,000

(ii) Salaries paid ₹ 2,000

(iii) Wages outstanding ₹ 200

(iv) Interest due but not paid ₹ 100

(v) Rent paid in advance ₹ 150

Solution:-

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 for free lectures

Articles: 7245

Leave a Reply

Your email address will not be published.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

x