on the dissolution of a firm debtors were rupees 17000 .Of these rupees 500 become bad and the rest released 60% which account will be debited and by how much amount ?
Answers
Answered by
4
Explanation:
if any bad debt reserve ac is there , it will debited by 300
if there is no bad debt reserve account , profit and loss account will be debited by 300
Similar questions