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What will be the position of the owener of the company?If
the company liablites are more than company assets .
a. solvent
b. insolvent
c. profitable
d. liquidity
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Answer / shashikala jm
Insolvent, as he is not in a position to pay off his laibilities since he has the assets lesser than liabilities.
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Answer / manmeet singh
liquidity problem
because it is not able to pay their liabilities because of shortage of funds or liquid assets.
| Is This Answer Correct ? | 4 Yes | 9 No |
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Audit 
