What is statement of affairs? (Answer in one sentence)
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statement of affairs actually means that it is a legal document which is used as a statement when a bank is rupted......thnx
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=) The Statement of Affair is a synopsis of a Comapny's benefits and liabilities. It expresses the net book esteem and sum expected to acknowledge at the date of Insolvency of the business. Going with the accounting report is a rundown of leasers and investors.
It is a legitimate prerequisite for a Statement of Affairs to be delivered in certain bankruptcy methodology. The Statement of Affairs is at that point, on account of organizations, documented at Companies House and turns into a matter of open record .
A Statement of Affairs is a money related rundown of the situation of a business at a specific point in time
=) The Statement of Affair is a synopsis of a Comapny's benefits and liabilities. It expresses the net book esteem and sum expected to acknowledge at the date of Insolvency of the business. Going with the accounting report is a rundown of leasers and investors.
It is a legitimate prerequisite for a Statement of Affairs to be delivered in certain bankruptcy methodology. The Statement of Affairs is at that point, on account of organizations, documented at Companies House and turns into a matter of open record .
A Statement of Affairs is a money related rundown of the situation of a business at a specific point in time
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