Accountancy, asked by heena963, 1 year ago

received 1000 from Dinesh in full settlement against the amount due from him 1050

Answers

Answered by coolgir259

2

Answer:

cash increases on asset side (1000)

Explanation:

and also capital decrease by 50 (loss)

Answered by kiran8844

1

Cash ac 1000 dr
Bad bad debts 50 dr
Dinesh Ac cr 1050

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