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Debt Relief – Insolvency – Bankruptcy Information » Insolvency » journal entry for insolvency?

journal entry for insolvency?

Mr.XYZ became insolvent and 50ps in a rupee has received as dividend i.e for total Rs.12000


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2 Responses to "journal entry for insolvency?"

  1. KlemKiddleHopper says:
    Insolvency is a financial state of a business after all journal entries have been made

    This is not a type of journal entry – it is the income status after the closing journal
    entries are made and your cash account is less than zero

  2. Wow! In the end I got a web site from where I be capable of in
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