In case of a debt becoming bad, the amount should be credited to
Which account is the odd one out?
The rent paid to landlord is credited to
Which financial statement represents the accounting equation – Assets Liabilities + Owner's equity:
A Ltd. has a ₹ 35,000 account receivable from Mohan. On January 20, Mohan makes a partial payment of ₹ 21,000 to A Ltd. The journal entry made on January 20 by A Ltd. to record this transaction includes: