What is meant by the word Liquidation. Give examples
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
When a company goes bankrupt or terminated the creditors of
the company will be settled by selling of assets,the
remaining amount if any will be distributed to share holders
Is This Answer Correct ? | 16 Yes | 2 No |
Answer / peter abubakari
liquidation is a process of selling off a companys asset to
pay its debt when it goes bankrupt.
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / abhishek a.k.a rudepunkmicro
liquidation occurs where an organization has debts out of control. This organization is normally placed into liquidity. its assets are sold under the supervision of court and debtors are paid a proportion of what the owed.
Is This Answer Correct ? | 1 Yes | 0 No |
fill in the Blanks The Financial Year starts from______and ends with______
What are the types of the Balance sheets ?
what is the journal entry for purchase bill discount
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
What is the significance of Journal entry
What does IMAP stand for
WHAT IS THIS ACCOUNT
What is depreciation and how many methods are using explain With examples
What are the source of gaining long-term funds???? What are the limitations of gaining long-term funds???
what are the certificates needed at the time of SBI clerical interview?
0 Answers ICICI, State Bank Of India SBI,
which is coming under indirect expenses
EXPAND___________NABARD