John Londons debt of 220 was written off some years ago. On 3 August 20-7, you receive

Question:

John London’s debt of £220 was written off some years ago. On 3 August 20-7, you receive a cheque and a note saying he is now in a position to repay his debt. You are required to open the necessary ledger accounts to show how this matter would be dealt with.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: