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An amount of Rs.200 due from Mahesh Chand, which had been written off as a bad debt in a previous year, was unexpectedly recovered and had been posted to the Personal account of Mahesh Chand . Give the correct entry ,wrong entry and rectification entry |
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Answer» correct ENTRY:cash/bank Dr To B. RECOVERED wrong entry:cash/bank Dr To MAHESH chandrectified entry:Mahesh CHAND Dr To B. d recovered |
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