Accountancy, asked by shivi1440, 11 months ago

what is accounting for liquidation of company ?​

Answers

Answered by majhistiti93
0

Explanation:

Liquidation of Company Accounting.

Liquidation is the process of settling any liabilities, selling all assets of an entity, taking the remaining funds and distributing them to shareholders. The liquidation of company accounting occurs in businesses that are ending operations.

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