CLASS 11 ACCOUNTS HANDWRITTEN NOTES OF CHAPTER 6 ACCOUNTING EQUATION

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 DK Goel Solutions category eleven line of work Chapter half dozen PDF

Accounting Equation may be a elementary component of the double-entry accounting. It ensures that each “Assets” and “Liabilities” sides of the record match and every entry on the accounting system have a corresponding entry on the method of accounting.


It is additionally called the record equation. Accounting systems of all countries square measure structured on the idea of this accounting equation.




The formula for the Accounting Equation is given below:


Total Assets = Liabilities + Shareholder’s Equity




Given below square measure a number of examples that make up every of the preceding elements:


Assets: money, Plant and Machinery, Debtors.


Liabilities: Bills owed, Creditors, Debentures.


Shareholder’s Equity: Equity Share Capital, preserved Earnings.


The accounting equation may be a mathematical illustration of the link between these 3 things. From here, it is discovered that any amendment in a part should have a bearing on the opposite.


In class eleven accounts chapter half dozen Solutions DK Goel the construct of the accounting equation is explained during a} simplified approach which may be simply appreciated by students WHO square measure viewing this subject for the very 1st time.




DK Goel line of work category eleven Solutions Chapter half dozen

DK Goel line of work category eleven chapter half dozen accounting equation solutions square measure offered freed from price in PDF format and supply an in depth account each question. It becomes easy to organize for the exams and score smart marks because it highlights all the required ideas.


In the 1st 2 solutions, we have a tendency to find out about 2 elementary wants of the accounting equation and also the correct formula for constant. consecutive few queries and answers square measure structured in such the way that it ensures a sleek learning expertise.


From the primary few solutions itself, students are ready to comprehend some elementary theories of the topic. This additionally shows North American country however good the approach very is. rather than reading through long paragraphs in textbooks, students will currently develop a transparent plan concerning the ideas.


Solution no. eleven in DK Goel line of work category eleven solutions chapter half dozen accounting equation explains the character of accounts and the way to record transactions. After this, in chapter half dozen accounts category eleven DK Goel comprehensive solutions of terribly short kind queries square measure provided. this is often Associate in Nursing exceptional resource for revision simply before the exams.


Solutions also are provided for sensible queries moreover. the choice of sums helps develop a robust understanding of the subject. every answer is amid all necessary steps and dealing notes that is important for college kids.


This chapter is very vital for college kids following line of work because it involves the fundamentals of accounting and DK Goel line of work category eleven solutions chapter half dozen will an excellent job in explaining all ideas clearly and makes the scholars exam-ready.


CLICK HERE TO DOWNLOAD HANDWRITTEN NOTES OF CHAPTER 6 ACCOUNTING EQUATION