Question

12. Received a first and final dividend of 60
paise in the rupee from the Official Receiver
of Mr. Rajan who owed us Rs 1,000.
(a) Discount Allowed A/c be debited with
Rs 400
(b) Bad Debts Recovered A/c be debited
with Rs 600
(c) Bad Debt A/c be credited with Rs 400
(d) Bad Debt A/c be debited with Rs 400​

Answer 1

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