Accountancy, asked by jainrashi042, 16 days ago

The Balance Sheet shows creditors worth `3,000. They decided to accept stock worth `3,500 towards full settlement of their claim. What is the journal entry that needs to be passed?.​

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Answered by bhosaleshravan512
0

Answer:

The Balance Sheet shows creditors worth `3,000. They decided to accept stock worth `3,500 towards full settlement of their claim. What is the journal entry that needs to be passed?.

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