Mohan is declared insolvent Received first and final dividend form his official receiver 50 paise in a rupee against - Accountancy - Recording of Transactions - I

Question

Mohan is declared insolvent Received first and final dividend form
his official receiver 50 paise in a rupee against a debt of rupees
5000

Journalise the above entry

Siddhi Goel · Accepted Answer

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Mohan is declared insolvent. Received first and final dividend form his official receiver 50 paise in a rupee against a debt of rupees 5000. Journalise the above entry.