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Lala Co. Ltd. decided to reconstruct and went into liquidation with the following assets and liabilities. Liabilities Rs. Assets Rs. Pref. share capital : Fixed

Lala Co. Ltd. decided to reconstruct and went into liquidation with the following assets and liabilities. Liabilities Rs. Assets Rs. Pref. share capital : Fixed Assets 4,99,200 of Rs. 10 each 2,00,000...

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