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CA Foundation doubt

Bills Receivable for 1,600 from Noor was dishonoured and posted to debit of Allowances Account. (Please tell me the correct rectify entry also explain me solution)

Asked by Rahul5 Aug 2024575 views

4 answers

  1. Its_me · 6 Aug 2024

    Noor A/C ------------------------------------Dr | 1600 To Allowances A/C | 1600

  2. Harshita · 5 Aug 2024

    Noor dr 1600 to allowance acc 1600

  3. Jai · 5 Aug 2024

    Can you say before preparation of final accounts or after

  4. Rahul · 5 Aug 2024

    Rectification of errors

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