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Calculate the amount to be debited on the dissolution of partnership firm if Debtors of ₹25,000, realised 90% only and ₹1,200 were recovered for bad d
Question

Calculate the amount to be debited on the dissolution of partnership firm if Debtors of ₹25,000, realised 90% only and ₹1,200 were recovered for bad debts written off last year.

A.

₹22,500

B.

₹26,200

C.

₹25,000

D.

₹23,700

Correct option is D

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