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This chapter talks about Accountancy Equation.

Ts grewal class 11 solutions accounting equation. After you have studied lesson you must be looking for answers of its questions. Ii Paid rent in advance Rs300. I Started business with cash 45000 ii Opened a Bank Account with a deposit of 4500 iii Bought goods from Ms.

TS Grewal Class 11 Accountancy Solutions Chapter 1 makes sure you must know it from the roots only then you can track your business finances in forms like debits credit payroll profitability tax etc. This solution contains questions answers images explanations of the complete Chapter 2 titled Accounting Equation of Accountancy taught in Class 11. Prove that the Accounting Equation is satisfied in all the following transactions of Sameer Goel.

Iv Sold goods for cash Rs8000 costing Rs4000. Here we have provided in a simplistic and a step by step method which is useful for the students to score well in the board exams. The foundation of the Double-entry system is formed by the accounting equation.

Chapters in class 11 TS Grewal 2020 Solutions. Harish started business with cash Rs18000 ii. Join millions of learners from around the world already learning on Udemy.

Iii Purchased goods for cash 5000 and credit Rs2000. Ad Learn Accounting online at your own pace. Here you can get complete TS Grewal Solutions for Class 11 Accountancy Chapter 2 Accounting Equation.

The solutions included are simplified and clear solutions to complex problems. TS Grewal Solutions for Class 11 Accountancy Chapter 2- Accounting Equation is a fundamental concept to be studied by the students. The first chapter briefs about some popular accounting terms like loss expense opening stock closing stock vouchers asset debts capital goods revenue liability etc.

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