Accountancy, asked by chandansingh640, 1 year ago

received cash from ram in full settlement of his account
which showed a balance of 3200.
3000... journal entry

Answers

Answered by Anonymous
14

Cash A/C. Dr. Rs.3000


Bad Debts A/C Dr. Rs.200


To Ram A/C. Rs.3200


(Being Ram settled his account)


chandansingh640: thanks
sujiritha95: Why u Debited bad debts it can be discount right
Answered by franktheruler
5

Question:

received cash from ram in full settlement of Rs. 3000. In his account

which showed a balance of 3200.  show the journal entry

Answer:

                     In the books of the journal entry

particulars                               amount              amount

cash A/C    Dr.                          3000

Bad debt A/C Dr.                     200

          To, Ram A/C                                            3200

[ being cash received from ram Rs. 3000 & bad debt A/C increased by Rs, 200 ]

workings:

cash received  Rs. 3000

showed in the balance of Rs. 3200

bad debt = ( 3200 - 3000 )

                = 200

Explanation:

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