[ISC] Q 3 Accounting Equation Solutions TS Grewal Class 11 (2024-25)
Solution of Question number 3 Accounting Equation TS Grewal class 11 ISC 2024-25
What will be the effect of the following on the Accounting Equation?
(i) Harish Started business with cash ₹ 18,000
(ii) Purchased goods for cash ₹ 5,000 and on credit ₹ 2,000
(iii) Sold goods for cash costing ₹ 2,500 for ₹ 4,000
(iv) Rent paid ₹ 1,000 and rent outstanding ₹ 200
![](https://commerceschool.in/wp-content/uploads/2024/05/q3-2-1024x178.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2023/01/1-82-1024x421.webp)