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