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A debtor who was declared insolvent was able to pay R 2 7 0 of the amount owing, which represented 6 0 % of his

A debtor who was declared insolvent was able to pay R

270

of the amount owing, which represented

60 %

of his debt. The balance of his account must be written off. Which of the following statements is correct?

.

Debtors control will decrease by R

432 .

.

The bad debt amounts to R

180 .

.

Equity will decrease by R

162 .

.

The bank balance will be credited with R

270 .

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