Accountancy, asked by nihalpoojary21, 1 year ago

Journal entry for cash recieved frm Suma ₹17500 in full settlement of her account

Answers

Answered by mdzainulaabedin330
0

Explanation:

settlement (or when you settle an account ) means paying an account off in full. Remember also that a person who has an account with the business is a person who owes the business, in other words, a debtor or receivable . ... But what do we do with

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