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Pass Journal entries for the following transactions:
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
|---|---|---|---|---|
| Apr 01 | Cash A/c Dr. Bad Debts A/c Dr. To Mohan's A/c (Being Mohan declared insolvent; received 50 paise per rupee on debt of ₹5,000) | 2,500 2,500 | 5,000 | |
| Apr 02 | Bad Debts A/c Dr. To Ramesh's A/c (Being ₹8,000 due from Ramesh is not recoverable) | 8,000 | 8,000 | |
| Apr 03 | Cash A/c Dr. Bad Debts A/c Dr. To Shyam's A/c (Being Shyam insolvent; 50% received from his estate) | 7,500 7,500 | 15,000 | |
| Apr 04 | Cash A/c Dr. To Bad Debts Recovered A/c (Being cash received from Sohan for bad debts written off last year) | 10,000 | 10,000 |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Q.No.5 | Chapter 8 – Journal | T.S. Grewal Solution 2025-26", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Textbook Solution.
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