16. X Ltd. went into liquidation with the following liabilities
Particulars Rs. Assets realised Rs.
Preferential creditors 10,000 Land and Buildings 20,000
Unsecured creditors 32,000 Machinery 18,650
Debentures 10,000 Furniture 1,000
Liquidation expenses 1,000
Liquidator's remuneration is 2% on assets realized and 2% on
amount distributed to unsecured creditors other than
preferential creditors. prepare liquidator's final statement of
account.
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photosynthesis, the process by which green plants and certain other organisms transform light energy into chemical energy. During photosynthesis in green plants, light energy is captured and used to convert water, carbon dioxide, and minerals into oxygen and energy-rich organic compounds.
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