A Ltd. has a Rs.35,000 account receivable from Mohan. On January 20, Mohan makes a partial payment of Rs.21,000 to A Ltd. The journal entry made on January 20 by A Ltd. to record this transaction includes
a)A credit to the cash received account of Rs.21,000.
b)A credit to the Accounts receivable account of Rs.21,000
c)A debit to the cash account of Rs.14,000
Answers
Answered by
7
Answer:
c should be the right answer
Answered by
3
Answer:
b)A credit to the accounts receivable account of Rs.21000
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