Question

A owned Rs. 25,000 to B. A is insolvent. B
\n\n
got A’s computer valuing Rs. 11,500 in full
\n\n
settlement.\nPass the Journal entry in the
\n\n
books of B.
A.Purchases a/c Dr 11,500 To A a/c 11,500
B.) Computer a/c Dr 11,500 Bad debts a/c Dr. 13,500
C.Computer a/c Dr 25,000 To A a/c 25,000
D.Computer A/c Dr 11,500 To A a/c 11,500

Answer 1

A owned Rs. 25,000 to B. A is insolvent. B
\n\n
got A’s computer valuing Rs. 11,500 in full
\n\n
settlement.\nPass the Journal entry in the
\n\n
books of B.
A.Purchases a/c Dr 11,500 To A a/c 11,500
B.) Computer a/c Dr 11,500 Bad debts a/c Dr. 13,500
C.Computer a/c Dr 25,000 To A a/c 25,000
D.Computer A/c Dr 11,500 To A a/c 11,500

= Option B

Answer 2

_______ℍℰℽ ℳᗅᝨℰ_________

Q>A owned Rs. 25,000 to B. A is insolvent. B
\n\n
got A’s computer valuing Rs. 11,500 in full
\n\n
settlement.\nPass the Journal entry in the
\n\n
books of B.


ᗅℕՏᗯℰℛ ⤵️⤵️⤵️⤵️

(Computer a/c Dr 11,500 Bad debts a/c Dr. 13,500)