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This question was in opi final round
u give a loan for your friend a 1000 rs he returns 600 rs
and u have to close ur accounts what should u do to close
the accounts? and what is journal entry?
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Answer Posted / joy
Cash A/C Dr 600
Bad Debt A/c Dr 400
To Friend A/c 1000
| Is This Answer Correct ? | 4 Yes | 8 No |
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