What is meant by the word Liquidation. Give examples
Answer Posted / 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 |
Post New Answer View All Answers
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
please explain the uses of internate protocol address(ip add)?
What is the Accounts Payable & Accounts Receivable ?
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
Expand DPCO
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
it is better to invest in which securities short term/long term or both? please reason4 the same
Expand ________FIPB
Can u please give me example of bonds? is National savings certificate a Bond?
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
What si the differance between REVENUE and PROFIT?
interest paid comes under which head