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Orville Company Recently Petitioned for Bankruptcy and Is Now in the Process

Question 41

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Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs.The carrying values and estimated fair values of the assets of Orville Company are as follows:
Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs.The carrying values and estimated fair values of the assets of Orville Company are as follows: Debts of Orville are as follows: -Based on the preceding information,what is the total amount of unsecured claims? A) $113,000 B) $126,000 C) $93,000 D) $121,000 Debts of Orville are as follows:
Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs.The carrying values and estimated fair values of the assets of Orville Company are as follows: Debts of Orville are as follows: -Based on the preceding information,what is the total amount of unsecured claims? A) $113,000 B) $126,000 C) $93,000 D) $121,000
-Based on the preceding information,what is the total amount of unsecured claims?


A) $113,000
B) $126,000
C) $93,000
D) $121,000

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