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Dinesh who owed us Rs 8,000 became insolvent and paid us `60%` in full settlement. Posting will be made to Dinesh A/c:
A. Rs 8,000 on Debit side
B. Rs 8,000 on Credit side
C. Rs 4,800 on Debit side
D. Rs 4,800 on Credit side

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1 Answer

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Correct Answer - B

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