In these question Deficiency mentioned as Rs.750000 , where is these information used while solving the problem and how it is calculated ?
Prethivi Rajan
CA Inter
★ 8K+
19-Mar-23
44
Answers (2)
deficiency is calculated as
(420+180)-(300+600+450)
This basically represents shortfall and the amount that would not be paid to creditors/shareholders.