Accountancy, asked by shreya25663, 11 months ago

Satish who does rupees 20000 is declared insolvent and 60 paise per rupee is received from his estate find the journal entry

Answers

Answered by simranyadav56

22

Explanation:

Cash A/c.......... Dr. 12,000 bad debts a/c....... Dr. 8,000 To Satish 20,000

Answered by AnimeshDash

3

Answer:

Satish account-personal-giver-cr

bad debt account-nominal-expense-Dr

cash account-real-comes in-dr

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