Perusahaan  Marco sedang menghadapi proses kebangkrutan Berikut ini adalah neraca tanggal 30 Juni 2012 beserta informasi

lainn
disajikan di bawah ini:
Marco Company Balance Sheet

30-Jun-12
Cash $ 20,400
Account Receivable $ 170,000
Inventory $ 180,000
Property and Equipment (net) $ 430,000
Total Asset $ 800,400
Account Payable $ 350,000
Accrued Wages $ 120,000
Notes Payable $ 200,000
Common Stock $ 400,000
Retained earnings (deficit)  $ (269,600)

Estimated realizable values of the company’s assets are:

Account receivable  $ 95,000
Inventory  $ 110,000
Property and Equipment  $ 320,000

Account receivable and inventory are each pledged as security on individual notes payable in the amount of $100.000 each.
Diminta :
Siapkan statement of affairs dan estimasi penyelesaian per dollar untuk general unsecured creditors (diasumsikan bahwa semua acc
wages adalah prioritas)

Book Value Assets Relizable Value

Assets Pledge with Fully Secured Creditors:

$ 180,000 Inventory $ 110,000
Note Payable $ 100,000 $ 10,000

Assets Pledge with Partially Secured Creditors:

$ 170,000 Account Receivable $ 95,000
Note Payable $ 100,000

Free Assets
$ 20,400 Cash $ 20,400
$ 430,000 Property and Equipment $ 320,000
Total Net Realizable Value $ 350,400
Liabilities having Priority - Wages $ 120,000
Net Free Assets $ 230,400

Estimated Deficiency to Unsecured Creditors $ 124,600

$ 800,400 Total $ 355,000

Book Value Equities Relizable Value

Liabilities Having Priority:

$ 120,000 Accrued Wages $ 120,000

Fully Secured Creditors:

$ 100,000 Note Payable $ 100,000
 Partially Secured Creditors:
$ 100,000 Note Payable $ 100,000
$ 95,000 $ 5,000

Unsecured Creditors:
$ 350,000 Accounts Payable $ 350,000

Stockholders’ Equity
$ 400,000 Common Stock
$ (269,600) Retained Earnings (deficit)
$ 800,400 $ 355,000
Estimated Deficiency*

* ($255.000) Loss - $130.400 Gain = $124.600 deficiency

Marco Company
Deficiency Account
Estimated Losses Estimated Gains
Accounts Receiva Common Stock $ ###
400,000
Inventory Retained Earnin $ ###
(269,600)
Property and Equ Estimated Defic $ ###
124,600
$ ###
255,000
Juni 2012 beserta informasi lainnya

amount of $100.000 each.

rs (diasumsikan bahwa semua accrued

Deficiency
Account
(Loss / Gain)

$ (70,000)

$ (75,000)

$ (110,000)

$ (255,000)

Deficiency Account
(Loss / Gain)
$ 400,000
$ (269,600)
$ 130,400
$ (124,600)