Category Accounting Equation Accounting Equation 32 Questions Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Show the effect of the following transactions on assets, liabilities and capital using the Accounting Equation. Also prepare a Balance Sheet. 565 viewsAnurag Pathak Changed status to publish September 18, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Prove that the Accounting Equation is satisfied in all the following transactions of Suresh. Also prepare a Balance Sheet. 443 viewsAnurag Pathak Changed status to publish September 18, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Started business with cash ₹ 1,00,000 and Goods ₹ 20,000 Prepare Accounting Equation from the following 515 viewsAnurag Pathak Changed status to publish September 18, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Harish Started business with cash ₹ 18,000 What will be the effect of the following on the Accounting Equation? 543 viewsAnurag Pathak Changed status to publish September 18, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Started business with cash ₹ 50,000 Show the effect of the following transactions on the Accounting Equation: 483 viewsAnurag Pathak Changed status to publish September 18, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Gopinath Started business with cash ₹ 25,000: Show the Accounting Equation on the basis of the following transactions 490 viewsAnurag Pathak Changed status to publish September 18, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Pranav started business on 1st April, 2021 with capital of ₹ 5,50,000. On 31st March, 2022 his total assets were ₹ 10,75,000 and liabilities were ₹ 2,92,500 863 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Calculate the amount of External Equities as on 31st March, 2022 in the following cases: On 31st March, 2022, total assets and capital were ₹ 15,00,000 1.25K viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Mohan started a business on 1st April, 2021 with a capital of ₹ 25,000 and a loan of ₹ 12,500 borrowed from Shyam 1.02K viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans On 31st March, 2022, the total assets and external liabilities were ₹ 2,00,000 and ₹ 6,000 respectively 1.07K viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Mohan started a business on 1st April, 2021 with a capital of ₹ 10,000 and borrowed ₹ 3,000 from a friend 786 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Gurman had a capital of ₹ 75,000 on 1st April, 2021. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made 756 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Calculate the total assets if: (i) Capital is ₹ 40,000. (ii) Creditors are ₹ 25,000. (iii) Revenue during the period is ₹ 50,000. 701 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans A commenced his cloth business on 1st April, 2021 with a capital of ₹ 30,000. On 31st March, 2022, his assets were worth ₹ 50,000 and liabilities of ₹ 10,000 663 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans If total assets of a business are ₹ 1,30,000 and net worth is ₹ 80,000. Calculate the creditors. 484 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans If the capital of a business is ₹ 3,00,000 and liabilities are ₹ 50,000, loss ₹ 70,000, calculate the total assets of the business. 596 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Show an Accounting Equation on the basis of the following transactions: Sunil Started business with cash ₹ 1,50,000 Opened a Bank Account by depositing ₹ 25,000 out of cash 1.49K viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Show an Accounting Equation for the following transactions: D. Mahapatra commenced business with cash ₹ 50,000 and ₹ 1,00,000 by cheque 1.17K viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Prepare Accounting Equation from the following: (a) Started business with cash ₹ 1,00,000. 513 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 0 Votes 1 Ans Prepare an Accounting Equation from the following: (i) Started business with cash ₹ 50,000 and goods ₹ 30,000. 641 viewsAnurag Pathak Changed status to publish September 16, 2023Accounting EquationTS Grewal Class 11 1 2 Next » Question and answer is powered by anspress.net
