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Q. |
X a debtor is declared insolvent and only 25 paise in a rupee is recovered from his estate. If X owes ` 5,000 to Y, Y would debit Cash A/c by — |
A. | 5,000 ; |
B. | 25 ; |
C. | 1,250 ; |
D. | 2,500 |
Answer» C. 1,250 ; |
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