n-4
Journalise the following transactions;
(4)
a) *15,000 due from Ravi are irrecoverable.
b) Z became insolvent and 30 paise in a rupee on a debt of 10,000 could be
received by cheque and which is deposited into bank.
c) Received * 20,000 from Subash, which was written off as bad debts in the
previous year.
d) Mr.X one of our debtors for * 10,000 became insolvent. Received 60 paise in a
rupee. Payment was received partly in form of a machine valued * 2500 and
balance in cash.
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Answer:
Ravi ac Dr
to irrecoverable ac
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