Question

The following information relate to a limited company which went into voluntary liquidation. Preferential creditors Rs 1,20,500 Unsecured creditors Rs 2,90,000 6% debentures Rs 1,50,000 The assets realized Rs 4,00,000. The expenses of liquidation amounted to Rs 7,000 and the liquidator’s remuneration was agreed at 21/2 % on the amount realized and 2% on the amount paid to unsecured creditors including preferential creditors. Prepare the liquidator’s final statement of account. ​

Answer 1

Answer:

ffffffffffffffffffffg