Shyam become insolvent. A first and final composition of
75 paise in the rupee was received from his official receiver.
His owed me a debt of Rs 100
2, Received cash for a bad debts written off last year. Rs 50
3, Rent due to landlord. Rs 80
4, Depreciation on office furniture Rs 10
5, Salaries due to clerks Rs 500
6, Goods given to charity worth Rs 500
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I think the answer it would be Rs.500 my answer will be exactly correct.
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