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 ;
1. 5,000 ;
2. 25 ;
3. 1,250 ;
4. 2,500