[ISC] Q 6 Accounting Equation Solutions TS Grewal Class 11 (2022-23)
Are you looking for the solution of Question number 6 Accounting Equation TS Grewal class 11 ISC 2022-23?
Show the effect of the following transactions on assets, liabilities and capital using the Accounting Equation. Also prepare a Balance Sheet.
(i) Started business with cash ₹ 60,000
(ii) Rent received ₹ 2,000
(iii) Accrued interest ₹ 500
(iv) Commission received in advance ₹ 1,000
(v) Amount withdrawn ₹ 5,000
Solution:-
Below is the list of all the Practical problems
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
