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Interest
Interest may be claimed-up to the date of the receiving order - if it is payable:
Interest over 6% p.a. is a deferred debt, although except in the case of a moneylender, the trustee can admit proof for the full amount.
Statutory interest is payable in all debts at 6% p.a. from the date of the receiving order, if there is a surplus after payment of all debts in full. Sums paid to the creditor before the receiving order must be apportioned between principal and interest.
In February, one of Team Shirts' best customers went bankrupt owing team shirts $85. Team shirts uses the sales method for estimating bad debts. February sales were $15,000. The ac
Ask question #what are the additional budens to the investor reuling from the mixed attribute model?
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On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 100,000 shares of $1 par value common stock issued and outstanding. The
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