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Advertisement Question 28 Chapter 3 – Unimax Publications of Class 11 28. Prepare Accounting Equation of the following transactions and also the Balance Sheet: 1. Manu started business with cash. Opened a Bank Account and transferred Rs. 4,00,000 from his Read More …
Advertisement Question 27 Chapter 3 – Unimax Publications of Class 11 27. Mr. Ayush started a real estate agency business with a cash investment of 45,000. The following business transactions have been recorded:(i) Paid three months advance rent for office Read More …
Advertisement Question 26 Chapter 3 – Unimax Publications of Class 11 26. Present the following transactions in the Accounting Equation: 1. Ram started business with cash Rs. 25,000 and cheque of Rs. 25,000 to open a Bank Account 2. Read More …
Advertisement Question 25 Chapter 3 – Unimax Publications of Class 11 25. Show the accounting equation on the basis of following transactions:(a) Commenced business with ₹ 65,000(b) Paid rent in advance ₹ 1,200 (c) Purchased a typewriter for ₹ 4,000(d) Read More …
Advertisement Question 24 Chapter 3 – Unimax Publications of Class 11 24. Prepare the accounting equation of Sunny for 2020-2021.(a)Sunny started business with bank balance Rs. 90,000. (b) Purchase furniture Rs, 10,000.(c) Taxes collected from the customer Rs. 10,000. (d) Read More …
Advertisement Question 23 Chapter 3 – Unimax Publications of Class 11 23. Prepare the Accounting Equation on the basis of the following: Rs. 1. Sahib commenced business with cash 1,50,000 and Furniture 1,00,000 2. Machinery purchased for cash. 20,000 3. Read More …
Advertisement Question 22 Chapter 3 – Unimax Publications of Class 11 22. Gaurav had the following transactions. Use accounting equations to show their effect his assets, liabilities and capital:(a) Commenced business with cash Rs. 1,00,000(b) Purchased goods Rs. 40,000 on Read More …
Advertisement Question 21 Chapter 3 – Unimax Publications of Class 11 21. Show the accounting equation on the basis of following transactions:(i) Anant started business with Cash Rs. 80,000 and Stock Rs. 20,000 and Machine Rs. 45,000(ii) Goods purchased Rs. Read More …
Advertisement Question 20 Chapter 3 – Unimax Publications of Class 11 20. Aviral has the following transactions. Use accounting equations to show their his assets, liabilities and capital:(i) Invested Rs. 45,000 in cash(ii) Purchased securities for cash Rs. 10,000. (iii) Read More …
Advertisement Question 19 Chapter 3 – Unimax Publications of Class 11 19. Show the accounting equation on the basis of the following transactions: i Commenced business with cash 25,000ii Purchased goods on credit 12,500iii Purchased furniture for cash 1,200iv Deposited Read More …
Advertisement Question 18 Chapter 3 – Unimax Publications of Class 11 18. Prepare accounting equations on the basis of following transactions :(i)Commenced business with cash RS. 75,000(ii) Rent paid in advance Rs. 840 (iii) Purchased goods for cash Rs. 25,000 Read More …
Advertisement Question 17 Chapter 3 – Unimax Publications of Class 11 17. Prepare the accounting equation from the following:(i) Commenced business with cash Rs. 8,00,000.(ii) Purchased goods from other state worth Rs. 40,000 plus IGST 12%. (iii) Purchased goods worth Read More …
Advertisement Question 16 Chapter 3 – Unimax Publications of Class 11 16 Prepare the accounting action from the following:(i) Started business with cash Rs. 6,00,000.(ii) Purchased Machinery Costing Rs. 1,00,000 plus CGST 9% and SGST 9%.(iii) Paid telephone bill Rs. Read More …
Advertisement Question 15 Chapter 3 – Unimax Publications of Class 11 15. Show the effect of the following transactions on acing Equation. 1) Rahul commenced business with cash Rs. 80,000 and Bank Rs. 30,000.2) Purchased goods on credit from Sunil Read More …
Advertisement Question 14 Chapter 3 – Unimax Publications of Class 11 14. Show the effect of following transactions on Accounting equation. (a) George started business with cash Rs. 1,00,000 and bank balance Rs. 30,000.(b) Purchased goods for cash Rs. 30,000 Read More …
Advertisement Question 13 Chapter 3 – Unimax Publications of Class 11 13. Prepare accounting equation on the basis of following transaction. (i) Anant started business with cash Rs. 2,00,000 and Furniture Rs. 50,000.(ii) Purchase goods Rs. 50,000 on credit.(iii) Sold Read More …
Advertisement Question 12 Chapter 3 – Unimax Publications of Class 11 12. Show the accounting equation on the basis of following transaction.(i) Commenced business with cash 2,00,000.(ii) Purchase goods from Rohit Rs. 20,000. (iii) Purchase a home for Rs. 25,000; Read More …
Advertisement Question 11 Chapter 3 – Unimax Publications of Class 11 11. Prepare accounting equation on the basis of following transaction. (i) Started business with cash Rs. 1,00,000 and furniture Rs. 50,000.(ii) Purchase goods for cash Rs. 25,000 and credit Read More …
Advertisement Question 10 Chapter 3 – Unimax Publications of Class 11 10. Prove that the accounting equation is satisfied in all the following transactions Sandeep and Prepare Balance Sheet at end.(i)Commenced business with cash Rs. 1,80,000 and Bank Balance Rs. Read More …
Advertisement Question 9 Chapter 3 – Unimax Publications of Class 11 9. Prepare Accounting equation on the basis of following: (i) Mandeep started business with cash Rs. 3,50,000.(ii) Borrowed cash Rs. 80,000 from bank. (iii) Purchase goods Rs. 50,000 for Read More …
Advertisement Question 8 Chapter 3 – Unimax Publications of Class 11 8. Prepare accounting equation on the basis of the following: (i) Sahil started business with cash Rs. 20,000(ii) Sahil purchased machinery for cash Rs. 4,000(iii) Sahil paid rent Rs. Read More …
Advertisement Question 7 Chapter 3 – Unimax Publications of Class 11 7. Prepare the accounting equations on the basis of following transactions:(i) X commenced business with cash Rs. 1,00,000.(ii) Purchased goods on credit Rs. 20,000(iii) Cash deposited into bank Rs. Read More …
Advertisement Question 6 Chapter 3 – Unimax Publications of Class 11 6. On 31st March, 2021 the total assets and external Liabilities were Rs. 3,00,000 and Rs. 9,000, respectively. During the year, the proprietor had introduced additional capital of Rs. Read More …
Advertisement Question 5 Chapter 3 – Unimax Publications of Class 11 5. Manmeet started a business on 1 April, 2020 with a capital of 90,000 and a Loan of 45,000 taken from B. During 2020-2021, he had introduced additional capital Read More …
Advertisement Question 4 Chapter 3 – Unimax Publications of Class 11 4. A commenced his cloth business on 1st April, 2020 with a capital of Rs. 22,500. On 31st March, 2021 his assets were Rs. 37,500 and Liabilities were Rs. Read More …
Advertisement Question 3 Chapter 3 – Unimax Publications of Class 11 3. Calculate Total equity if: Owner’s equity in the beginning is Rs. 1,20,000 equity of creditors at the end is Rs. 1,05,000 Revenue during the period is Rs. 1,35,000. Read More …
Advertisement Question 2 Chapter 3 – Unimax Publications of Class 11 2. From the following information, calculate the total assets of the business capital 7,50,000 creditors 6,00,000. Revenue earned during the period Rs. 12,75,000. Expenses incurred during the peroid Rs. Read More …
Advertisement Question 1 Chapter 3 – Unimax Publications of Class 11 1. If the capital of a business is Rs. 1,20,000 and liabilities are Rs. 75,000. Calculate the assets. The solution of Question 1 Chapter 3 – Unimax Publications of Read More …