When the liquidated company has adequate cash to pay off all liabilities, the
interest on liabilities should be paid:
a. Up to date of commencement of insolvency proceeding
b. Up to the date of actual payment of liabilities
c. Up to the date of payment to shareholders
d. Up to the date of insolvency proceeding is finished
Answers
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Answer:
Up to the date of payment to shareholders
Explanation:
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1
Answer:
Explanation:
In a company in the term liquidation in finance is the process of bringing a bussiness to an end and distributiong its assets to claimants. But when the liquidated company has a adequate cash to pay off all liabilities, the interest on liabilities should be paid upto the date of actual payment of liabilities.
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