Accountancy, asked by urvashi208, 1 year ago

4. Journalise the following transactions :
(7) Ravi is declared insolvent. Received from his Official Receiver a first and final
dividend of 60 paise in the rupee on a debt of 1,000.

Answers

Answered by guptasaurabh200

2

I think :

Bad debt recover A/c Dr

To Bad debt

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