Question

Sumit is our debtor for Rs 20,000. He became insolvent and only 60 paise in a Rupee is received from him. The balance of Rs 8,000 would be entered to the :

Debit of Discount A/c


Credit of Discount A/c


Debit of Bad-Debts A/c


Credit of Bad Debts A/c​

Answer 1

Answer:

Debit of bad debits A/c

Explanation: