A debtor who was declared insolvent was able to pay R270 of the amount owing,...
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Accounting
A debtor who was declared insolvent was able to pay R of the amount owing, which represented of his debt. The balance of his account must be written off. Which of the following statements is correct? 
A debtor who was declared insolvent was able to pay R of the amount owing, which
represented of his debt. The balance of his account must be written off. Which of the
following statements is correct?
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