Question

total creditors 5,00,000 include 2,00,000
rs partly secured creditors on the assets of rs.
1,12,000 and preferential creditors 80,000
and balance will be unsecured creditors
liquidators remuneration on the payment to
unsecured creditors is 2% calculate amount
of unsecured creditors, total collection of
moneyis 10,00,000.​

Answer 1

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