1.

Mahesh A debtors 2000 becomes insolvent 40 percent amount was received from government receiver​

Answer»

ANSWER:

Cash A/c Dr. 6,000

Bad Debts A/c Dr. 4,000

To Sohan A/c 10,000

(Being the cash dividend of 60 paise in a RUPEE out of his debt of RS. 10,000 received from Sohan on his insolvency).



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