I.Com Part 1 Principles of Accounting chapter 2 Transactions and Accounting Equation Short Question Preparation


11th Class Principles of Accounting
Chapter 2 Preparation

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11th Class Principles of Accounting Chapter Wise Preparation

Online Short Questions For Chapter 2 "ICOM Part 1 Principles of Accounting Chapter 2 Short Question Preparation "

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Principles of Accounting - ICOM Part 1 Principles of Accounting Chapter 2 Short Question Preparation

Question # 1

Define accounting equation.

  • Ans 1: The expression of the equality of a business asset with the claims against it is refereed to as the accounting equation,It can be expressed in term of the following equation,
    Assets=liabilities+owner equity
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ICOM Part 1 Principles of Accounting Chapter 2 Short Question Preparation - Available Questions

Question # 1

Define accounting equation.

  • Ans 1: The expression of the equality of a business asset with the claims against it is refereed to as the accounting equation,It can be expressed in term of the following equation,
    Assets=liabilities+owner equity
Submit

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Principles of Accounting
2nd Chapter

11th Class Principles of Accounting Chapter 2 Preparation

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