Accountancy, asked by himanshibisht82, 7 months ago

Joshi who owned rupees 48000 is declared insolvent first composition of 20% recovered from him. second and final composition of 30% could be recovered from Joshi ​

Answers

Answered by veer212005
3

Answer:

The answer is in the explanation section.

Explanation:

Cash A/c  Dr.                                     9600

Bad debts A/c Dr.                              24000

Reserve for doubtful debts A/c  Dr.  14400

        To Joshi A/c                                48000

Answered by sanjanakundra1234
0

Answer:

plz explain it how bad debts come 24000

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