Journalise the following transactions: (i) Rs. 5,000 due from Ramesh are irrecoverable.
Channel: Doubtnut
Date: 2020-04-05

Journalise the following transactions: (i) Rs. 5,000 due from Ramesh are irrecoverable. (ii) Sohan is declared insolvent. Received from his Official Receiver 60 paise in a rupee on a debt of Rs. 10,000. (iii) Received cash for a bad debt written of last year Rs. 700.