Question

Pass journal entries for the following transactions
(i) Received cash 2,000 for bad-debts written off last year.
(ii) Kabir was declared bankrupt. He owed 5,000 to us. Nothing could be recovered from
his estate.
(iii) Purchased furniture for 12,000 for the proprietor and paid the amount by cheque.​

Answer 1

Answer:

1.bad debts return a/c 2000

to cash a/c 2000

3.furniture a/c. 12000

to bank a/c. 12000

Explanation:

2.I am not fully understand second question so.........