kamal became insolvent.a first and final payment of 60 pasie in a rupee was re

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

2 Answers
25344 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

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

Post New Answer

More Accounting AllOther Interview Questions

EXPAND___________MAN

1 Answers

Expand ________GIR

2 Answers

How to enter an invoice already paid?

2 Answers India Glycols,

Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

0 Answers

What are the principles of Accounting

5 Answers Hash Biotech,

Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

0 Answers

what is the difference between charge & appropriation

3 Answers Capital IQ,

what all are the items that comes under the personal account?

5 Answers Genpact, MAHINDRA,

What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?

0 Answers

debentures

0 Answers FactSet Systems,

what do you mean by suspense account?

5 Answers AXA,

what is the uniform public construction cost accounting act?

0 Answers BSRB, Genpact,

For more Accounting AllOther Interview Questions Click Here