11. Show the effect of the following transactions and 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(v) | Amount withdrawn | 5,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-11
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.