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
25342 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

How do you identify the amount of realised gain or loss on the disposal of an investment asset?

1 Answers

Capital secure should be shown in which side of the balance sheet???

3 Answers ICAI,

Can anybody tell me the placement of the following ledgers in the Trial Balance 1.Loans and Advances 2.Interest on Capital 3.Customer Deposit 4.Preliminery expenses 5.Insurance claim

4 Answers

differed tax liability

0 Answers

Tds Rate for F.Y.2009-10 For Payement Service Contrect

3 Answers

mention 3 types of cash book

5 Answers ECDS, Ford,

What is Working Capital?

10 Answers Capital IQ,

how to make a project accounting in tally erp9 ?

0 Answers

what is global currinces