1. What will be effect of the following on the Accounting Equation?
₹ | ||
---|---|---|
(i) | Started business with cash | 45,000 |
(ii) | Opened a Bank Account with a deposit of | 4,500 |
(iii) | Bought goods from M/s. Sun & Co. for | 11,200 |
T.S.Grewal/2024 Edition/Practical Problems/Q-01
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.