T S Grewal 11th – Accounting Equation 25
25. Calculate the amount of External Equities as on 31st March, 2024 in the following cases: (i) On 31st March, 2024, total assets and capital were ₹15,00,000 and ₹10,50,000 respectively. (ii) On 1st April, 2023, Mukesh started business with a capital of ₹3,00,000 and a loan of ₹3,00,000 borrowed from a friend. During the year, … Read more