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Chapter 4 of 17
Formula Sheet

Accounting Equation

NIOS · Class 10 · Accountancy

All formulas from Accounting Equation in NIOS Class 10 Accountancy. Key equations, constants, and identities for board exam preparation.

44 questions40 flashcards5 concepts

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14 Formulas · 3 Sections

Formulas

Core Concept

Assets = Liabilities + Capital

Liabilities = Assets - Capital

Capital = Assets - Liabilities

Assets = Capital + Liabilities

Rules and Effects

Increase in Assets = Debit (+)

Decrease in Assets = Credit (-)

Capital increased = Credit (+)

Drawings = Debit (-)

Goods purchased for cash

Important Examples

Sunita: 2,00,000 + 50,000 = 2,50,000

Sunil: 5,00,000 + 1,00,000 = 6,00,000

Rahul: 3,00,000 + 2,00,000 = 5,00,000

Rajni: 5,00,000 + 0 = 5,00,000

Shashi total after Illustration 1 = ₹3,43,000 capital

Full sheet with units and worked examples

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Frequently Asked Questions

What are the important topics in Accounting Equation for NIOS Class 10 Accountancy?
Key topics in Accounting Equation include Accounting Equation: Complete Concept Overview, Accounting Equation - Complete Concept Map, Accounting Equation - Complete Concept Overview. These are the concepts NIOS Class 10 examiners draw on most — study them first, then practise related questions.
How to score full marks in Accounting Equation — NIOS Class 10 Accountancy?
Understand the core concepts first, then work through the 44 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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