A company sold goods on credit of Rs. 500000 to Z Ltd. Z.Ltd. paid Rs. 250000 and refuse to pay balance Rs. 250000 and it becomes bankrupt. You are required to pass journal entries as per AS-9 For the above transaction.
Displaying ads are our only source of revenue. To help Teachoo create more content, and view the ad-free version of Teachooo... please purchase Teachoo Black subscription.
Please login to view more pages. It's free :)
Teachoo gives you a better experience when you're logged in. Please login :)
Solve all your doubts with Teachoo Black!
Teachoo answers all your questions if you are a Black user!