Book Liabilities and Equity Creditor’s Unsecure

______________________ Value claims d

______________________ liabilities
______________________ Fully secured creditors:
BV Assets ERV FA P P
Assets pledged to fully secured creditors: _________
P P P
Less: Liabilities to full secured creditors: Partially Secured creditors:
P P
__________ Less: Value of pledged asset :
Assets pledged to partially secured P _________ _________ P
creditors: Unsecured creditors with priority: P
Free Assets:
P
_________
Total unsecured creditors with priority P
Unsecured creditors without priority
P
_________ ________ _________ P
_
Total Free Assets P P ______ Stockholder’s equity ______-
Less: Unsecured Liabilities with priority ___ ____
P Total Unsecured creditors without priority P

_________ ________
_ __________________
Net Free Assets P __________________
_____ Estimated deficiency to unsecured creditors ________ __________________
P Total P Class of claims: Amounts of claims Estimated Percentage of
Payment/Recovery recovery
P P

Total P P
 __________________ Statement of realization and Liquidation
__________________ Estate deficit beg, January 1, 2018 P
__________________ Assets realized: Proceeds Fair Value (Gain)/Loss
Estimated losses on realization of BV FV Gain/(Loss) P
assets: _________ __________ __________
P Totals P P
Liabilities Liquidated: Payment Book value (Gain)/Loss

_________ P
Additional liabilities:
P
_________ _________ __________ __________ __________ __________
Estimated gross loss P Estate deficit end, __________
Less: April 30, 2018
Estimated gains on realization of
assets:
P
Assets to be realized: Assets:
Additional assets:
_________ _________
Estimated net loss P Assets acquired: Assets not realized:
Less: Loss to be absorbed by
stockholders
P Liabilities liquidated: Liabilities to be liquidated:
_________ _________
Estimated deficiency to unsecured P
creditors (loss to be absorbed by Liabilities not liquidated: Liabilities assumed:
unsecured creditors)

Supplementary debits: Supplementary credits:

Sub-total Sub-total
Net loss