May 10 Avadh Bihari who owed ` 25,000 is declared insolvent. Nothing could be recovered from his estate.
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May 10 Avadh Bihari who owed ` 25,000 is declared insolvent. Nothing could be recovered from his estate.
May 10 Avadh Bihari who owed ` 25,000 is declared insolvent. Nothing could be recovered from his estate.
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Answer:
bad debt a/c. dr. 25000
To Awadh Bihari. 25000