Question

List E in the statement of affairs give the list of

Answer 1

Answer:

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Explanation:

The list consists of unsecured creditors, that is, creditors who do not have any sort of charge whatsoever against the assets of the company. Trade creditors, Bills payable, Liability for Bills discounted, to the extent of possible loss on account of dishonour of the bills, Creditors on open account etc.

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