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What is the journal entry :1st year ,If a business 'Y' purchased goods rs.100000 from 'X' and Y informs to X i.e 10000 cannot be payable, this a bad debt for X So.What is the entry recorded in the books of Y? and next year this bad debt 10000 is recovered i.e paid by Y to X then for this what will be the journal entry in the books of Y Record journal entries in both the parties? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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What is the journal entry :1st year ,If a business 'Y' purchased goods rs.100000 from 'X' and Y informs to X i.e 10000 cannot be payable, this a bad debt for X So.What is the entry recorded in the books of Y? and next year this bad debt 10000 is recovered i.e paid by Y to X then for this what will be the journal entry in the books of Y Record journal entries in both the parties?, a detailed solution for What is the journal entry :1st year ,If a business 'Y' purchased goods rs.100000 from 'X' and Y informs to X i.e 10000 cannot be payable, this a bad debt for X So.What is the entry recorded in the books of Y? and next year this bad debt 10000 is recovered i.e paid by Y to X then for this what will be the journal entry in the books of Y Record journal entries in both the parties? has been provided alongside types of What is the journal entry :1st year ,If a business 'Y' purchased goods rs.100000 from 'X' and Y informs to X i.e 10000 cannot be payable, this a bad debt for X So.What is the entry recorded in the books of Y? and next year this bad debt 10000 is recovered i.e paid by Y to X then for this what will be the journal entry in the books of Y Record journal entries in both the parties? theory, EduRev gives you an
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