received cash from rita against bad debts for rs 22000written off all ast year 19800
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received cash from rita against bad debts for rs 22000written off all last year 19800
Cash A/c dr 19800
Bad debts A/c dr 2200
To Rita. 22000
(being cash received as bad debts)
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Note : In any case the word first installment or composition is coming in the transaction then it means there is no bad debt for that time ..For example :
Rita had to paid 34000 as bad debt But she paid as first installment 3400 .
Cash A/c dr 3400
To Rita 3400
(being first installment paid against bad debts)
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Thank ❤️
Marks as brainlist ❤️
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