14. Prepare an Accounting Equation from the following:
| (a) | Started business with cash ₹1,00,000. |
| (b) | Purchased goods for cash ₹20,000 and on credit ₹30,000. |
| (c) | Sold goods for cash costing ₹ 10,000 and on credit costing ₹15,000 both at a profit of 20%. |
| (d) | Paid salaries ₹8,000. |
(Delhi)
T.S.Grewal/2024 Edition/Practical Problems/Q-14
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.