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