That is a presentation question and I need to talk about 5 7 mins A company has been placed into a court ordered liquidation Discuss the order of payment to creditors and place the following creditors in the correct order for repayment Costs of the liquidator Telephone bill outstanding Fees owing to auditor Council rates for the past year Arrears of dividend on cumulative preference shares Bank loan secured by the companies property Retrenchment payments Uncovered portion of the bank loan in (f) Workers compensation Calls in advance

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Question: That is a presentation question and I need to talk about 5-7 mins A company has been placed into a court ordered liquidation. Discuss the

That is a presentation question and I need to talk about 5-7 mins

A company has been placed into a court ordered liquidation. Discuss the order of payment to creditors and place the following creditors in the correct order for repayment:

Costs of the liquidator
Telephone bill outstanding
Fees owing to auditor
Council rates for the past year
Arrears of dividend on cumulative preference shares
Bank loan secured by the companies property
Retrenchment payments
Uncovered portion of the bank loan in (f)
Workers compensation
Calls in advance

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