RECOVERED RUPEES 56000 FROM SNEH ON HER INSOLVENCY , BEING 80% OF THE AMOUNT DUE. TELL ME THE ENTRY
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Answered by
36
Cash a/c dr. 56000₹
Bad debt a/c dr. 14000₹
To Sheh a/c. 70000₹
(Being 80% amt could be received from debtor)
Bad debt a/c dr. 14000₹
To Sheh a/c. 70000₹
(Being 80% amt could be received from debtor)
Answered by
12
Answer:
Cash a/c dr. 56000₹
Bad debt a/c dr. 14000₹
To Sheh a/c. 70000₹
(Being 80% amt could be received from debtor )
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