The following details are extracted from the books of Parth Ltd.as on 31th August, 2018,

on which date a winding up order was made:

Particulars Amount Unsecured Creditors 38000 Salary due 2000 Bills payable 10600 Debtors - Good 43000 Doubtful (Estimated to produce Rs, 6200) 13000 Bad 8800 Bills Receivable (Good Rs. 1000) 1600 Bank Overdraft 4000 Land (Estimates to produce Rs. 65,000) 36000 Stock ( Estimated to produce Rs. 58,000) 82000 Furniture and Fixtures 8000 Cash in hand 400 Estimated liabilities for bills discounted 6000 Secured creditors holding first mortgage on land 40000 Partly secured creditors holding second mortgage on land 20000 Wages unpaid 600 Liabilities under Workmen's compensation Act, 1925 200 Income tax Dues 800 5000, 9% mortgage debentures of Rs. 10 each, interest payable 50000 (paid till 30" September,2018) Share Capital 2000, 10% Preference Shares of Rs. 10 each 20000 5000 equity shares of Rs. 10 each 50000 General Reserve since 31 st March 2014 10000