All of the assets except for one vehicle are to be realized. By agreement with the creditors, they are willing for a settlement of RM 29,500. Realization expense amount to RM 2,500 and one of the two cars is to be taken by Jus personally at a valuation of RM 20,000. The realization values are as follow: RM 150,000 Freehold building Vehicle Equipment 22,000 12,000 Inventories 40,000 Account Receivable 46,000 | All of the assets except for one vehicle are to be realized. By agreement with the creditors, they are willing for a settlement of RM 29,500. Realization expense amount to RM 2,500 and one of the two cars is to be taken by Jus personally at a valuation of RM 20,000. The realization values are as follow: RM 150,000 Freehold building Vehicle Equipment 22,000 12,000 Inventories 40,000 Account Receivable 46,000 |