On 1 March 20-7, D. Nelson owes your firm 76.50. He is declared bankrupt and it is
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On 1 March 20-7, D. Nelson owes your firm £76.50. He is declared bankrupt and it is decided reluctantly on 30 March 20-7 to write off the debt as a bad debt. You are required to prepare D. Nelson’s account and a bad debts account.
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