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kamal became insolvent.a first and final payment of 60 pasie
in a rupee was recived from his official recived.he owner me
a debit of amount is RS 500 give the journal entries for this

Question Posted / prabhu

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kamal became insolvent.a first and final payment of 60 pasie in a rupee was recived from his offic..

Answer / anix

CASH A/C 300
BAD DEBTS A/C 200
TO KAMAL A/C 500

Is This Answer Correct ?    117 Yes 11 No

kamal became insolvent.a first and final payment of 60 pasie in a rupee was recived from his offic..

Answer / shiv

kamal debit by Rs. 500

cash credit by Rs. 500

Is This Answer Correct ?    9 Yes 74 No

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