Naresh ltd.went into voluntary liquidation.The following were it's position
Particulars Rs
Preferential creditors 6000
Unsecured creditors 140000
Liquidation expenses 5000
Liquidator's remuneration 7500
Debentures having floating
Charges on assets 200000
Assets realised 300000
Prepare liquidator's final statement of accounts.
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Liquidation expenses 5000
Liquidator's remuneration 7500
Debentures having floating
Charges on assets 200000
Assets realised 300000
Prepare liquidator's final statement of accounts.
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