English, asked by ahmedminhaj559, 7 hours ago

what is the statement of affairs

Answers

Answered by shreyasrawat52

1

Answer:

a legal document listing the assets and liabilities of a company or individual, typically produced when declaring bankruptcy.

Explanation:

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Answered by Anonymous

3

Answer:

A Statement of Affairs provides a detailed summary of a company's assets and liabilities and is a key part of the insolvency process.

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