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In ipcc old syllabus-Chapter Liquidation -Illustration 6 - trade payables written as 75500 instead of 73500, with these effect total cash available 2,52,700 but shown 2,50,700..pls correct it and distribute The cash available Again...
Answers (5)
Sudha Reddy
Thank you for pointing out. Trade payables are settled subject to 2% of 75000 i.e 73500. Appropriate changes shall be made and uploaded
The correction has been made. Thanks for pointing out