Calculation of Current Liabilities and Working Capital

Given data:
Current assets before payment = ₹410000
Payment made to creditors = ₹50000
Current ratio after payment = 2:4:1

Calculation of Current Liabilities:
Current ratio = Current assets / Current liabilities
Let's assume the current assets after payment to creditors = A
From the given data, we know that the current ratio after payment = 2:4:1
Therefore, the current assets will be divided into three parts: 2x, 4x, and x

So, A = 2x + 4x + x
A = 7x
Current liabilities = A / current ratio
Current liabilities = 7x / 7
Current liabilities = x

Now, we know that the payment made to creditors was ₹50000. Therefore, the current liabilities will be:
x - ₹50000

Hence, the current liabilities after payment = x - ₹50000

Calculation of Working Capital:
Working capital = Current assets - Current liabilities
Working capital before payment = ₹410000 - Current liabilities before payment
Working capital before payment = ₹410000 - (Current assets before payment / Current ratio before payment)

Working capital before payment = ₹410000 - (410000 / (2/4))
Working capital before payment = ₹410000 - 820000
Working capital before payment = -₹410000

Here, we get a negative working capital which indicates that the firm is not in a good financial position before the payment of creditors.

Working capital after payment = Current assets after payment - Current liabilities after payment
Working capital after payment = A - (x - ₹50000)

Therefore, the current liabilities and working capital after payment would be:
Current liabilities after payment = x - ₹50000
Working capital after payment = A - (x - ₹50000)

Final Answer:
Current liabilities after payment = x - ₹50000
Working capital after payment = A - (x - ₹50000)