Question

Creditors Rs.60,000, Bills Payable Rs.40,000 and Bank Loan Rs.20,000. Available Bank Balance Rs.81,000. What will be the amount that creditors will get in case of all partner's insolvency?

Answer 1

Answer:

60000:40000:20000

6:4:2

3:2:1

81000×3/6=40500

Answer 2

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60000:40000:20000

6:4:2

3:2:1

81000×3/6=40500