Accountancy, asked by pippalbalveer1353, 10 months ago

Journal entry:-sohan who owes us Rs 25000 was declared insolvent,and a cheque of 40 paise in a rupee is received from him in full settlement

Answers

Answered by yasaswi797

11

Answer:yes

Explanation:

Bank account 10000₹

Loss 15000₹

To Sohan account 35000₹

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