Q. X a debtor is declared insolvent and only 25 paise in a rupee is recovered from his estate. If X owes `5,000 to Y, Y would debit Cash A/c by — (Solved)

1. 5,000 ;

2. 25 ;

3. 1,250 ;

4. 2,500

  • c. 1,250 ;
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