Saved Bookmarks
| 1. |
Mahesh A debtors 2000 becomes insolvent 40 percent amount was received from government receiver |
|
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). |
|