If the remuneration to liquidator is payable as a percentage of collection_______________ | Faculties

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Mr. Dubey

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📊 Financial Accounting

Q. If the remuneration to liquidator is payable as a percentage of collection_______________

(A) exclude opening cash & bank balance
(B) exclude opening cash & bank balance
(C) includes opening cash & bank balance
(D) exclude both opening & closing cash & bank balance

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✅ Correct Answer: (A) exclude opening cash & bank balance

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