Received a first and final dividend of 60 paise in the rupee from the official receiver of Mr ranJan who owed us rs 1000
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Q.Received a first and final dividend of 60 paise in the rupee from the official receiver of Mr ranJan who owed us rs 1000
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Cash a/c Dr. 600
Bad Debt. Dr. 400
To Mr. Rajan. 1000
(Being 60% received from Mr.Rajan in full settlement of amount)
""I HOPE IT IS MR. RAJAN""
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If you find any please do report
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#thanks
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