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Sohan who owed us 25,000 was …

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Sohan who owed us 25,000 was daclared insolvent and a cheque of 40paise in a rupee is received from him in full settlement
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Harendra Poniya 7 years, 7 months ago

Bank a/c..............dr.10,000 Bad debts a/c .....dr. 15,000 To, Sohan ............................25,000 (Being 40paisa in a rupee received from sohan)
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