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Unaccounted accrued income of ₹ 2400 …

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Unaccounted accrued income of ₹ 2400 to be provided for a debtor, whose dues of ₹4,800 were written off as bad debts,paid 50% in full settlement. How it is adusted in revaluation account.

Posted by Srijan Giri 6 years, 5 months ago

CBSE > Class 12 > Accountancy

2 answers

Manish Singh 5 years, 3 months ago

Debtors are of rs 4800 And it is given that 50% is paid in full settlement unaccounted accrued income are of rs 2400 the entries in revaluation account are accrued income a/c dr. 2400 bad debts recovery a/c dr. 2400 To

Jasnoor Kaur 5 years, 3 months ago

yes

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