Millionaire Mode

Financial statement of company - class-XI

Question 1 of 35

A has $Rs. 3,500$ due from B. On January $20$, B makes a partial payment of $Rs. 2,100$ to A. The journal entry made on January $20$ by A to record this transaction include_________.

  1. A credit to the cash received account of $Rs. 2,100$
  2. A credit to B's account of $Rs. 2,100$
  3. A debit to the cash account of $Rs. 1,400$
  4. A debit to B's account of $Rs. 1,400$

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000