Question

A company went into liquidation whose creditors are Rs. 36,000 includes Rs. 6,000 on
account of wages of 15 men at Rs. 100 per month for 4 months immediately before the
date of winding up; Rs 9,000 being the salaries of 5 employees at Rs. 300 per month for
the previous 6 months. Rent for godown for last 6 months amounting to Rs. 3,000;
Income tax deducted out of salaries of employees Rs. 1,000 and Director's fees Rs. 500;
in addition it is estimated that the company would have to pay Rs. 5,000 as compensation
to an employee for injuries suffered by him, which was contingent liability not accepted
by the company and not included in above said creditor's figure.
Find the amount of Preferential Creditors.​

Answer 1

Answer:This is the answer

Explanation:

Answer 2

Explanation:

here it goes

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