Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is meant by the word Liquidation. Give examples

Answer Posted / abhishek a.k.a rudepunkmicro

liquidation occurs where an organization has debts out of control. This organization is normally placed into liquidity. its assets are sold under the supervision of court and debtors are paid a proportion of what the owed.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

2096


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2673


what is mean by ledger

3871


please give the sbi bank clerk exam paper model in last five years?

2221


what is mean by traditional accounting ?

2417


You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

2282


what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2181


What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

2254


why are you selecting for the profitbulity analysis costing based& active based

2122


Which Exchange determine Foreign Exchange/Currency Rate?

1920


What is a bad credit score?

2050


what about case study

2081


post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.

2635


What type of question generally asked in Brokerage Firm ?

2774


Expand-------SCAN

2038