Question

Shyam who owed rs.15000 became insolvent and 50% is received from his estate.

Answer 1

Answer:

50% of 15000 = 7500

Explanation:

Particulars                  Dr        Cr

cash a/c. dr               7500  

bad debt a/c. dr.       7500

     to Shyam's a/c.               15000

Answer 2

Answer:

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