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Adjustment under internal reconstruction and capital reducti

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2017 1 Book value of sundry creditors payable in balance sheet is Rs 160000;and adjustment is sundry creditors payable reduce to THE EXTENT OF Rs 100000;so what does it mean? And what is amount of capital reduction.
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Expert : Anonymous

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Expert : Anonymous (Expert)
09 May 2017 It means that creditors will be reduced by 60000(to the 100000) Capital reduction is 60000/-

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