Question

please answer this questions

Answer 1

heyaa,,,
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journal entries for these questions are as follows;
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1.
cash a/c Dr 9,750.
dis. a/c Dr 250.
to Hari a/c 10,000
(being cash received from Hari in full settlement)
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2.
cash a/c Dr 9,750.
dis. a/c Dr 250.
to shyam a/c 10,000
(being cash received from shyam in full settlement)
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3.
cash a/c Dr 6000
bad debts a/c dr 4000
to ashok a/c 10,000
(being 60% cash received from ashoks estates.)
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