Buildings 1,25,000 ILLUSTRATION 7 37,500 2,00,000 Atlas Ltd. Agra went into liquidation on 31st March, 2020. Its assets realized 7,00,000 excluding amount realised by sale of securities. All the payments were made on 30th September, 2020. The following was the position: ₹ Share Capital: 20,000 Shares of 10 each 2,00,000 Secured Creditors 70,000 (Securities realised * 80,000) Preferential Creditors 12,000 Unsecured Creditors 2,80,000 8% Debentures having a floating charge on all assets of the company 5,00,000 (Interest paid upto 30th September, 2019) Liquidation Expenses 10,000 Liquidator's Remuneration 15,000 Prepare the Liquidator's Final Statement of Account. er​