Question

Gautam who owed us Rs 25,000 is declared insolvent and 75 Paisa in a Rupee received from him. The Amount and Account would be entered to the:-
(1 Point)
(a) Credit of discount A/c Rs 8,250
(b) Credit of bad debts A/c Rs 7,250
(c) Debit of bad debts A/c by Rs 6,250
(d) Credit the debtor A/c by Rs 4,250

Answer 1

Answer:

(c) is very correct answer mate

Explanation:

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Answer 2

Answer:

6,250

Explanation:

25000×25÷100

=6,250