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Liquidation of a company- treatment of surplus ( negative) in preparing liquidators statement

This query is : Resolved 

11 January 2025 company balance sheet shows surplus ( negative balance) on the asset side of the balance sheet. How it should be treated while preparing liquidator's statement?

12 January 2025 liquidator's statement is about cash receipts and utilization thereof. What does it have to do with the surplus/deficit in the balancesheet ?

14 January 2025 Got the point 👉 thanks a lot.

15 January 2025 you are welcome. just follow the basics right.


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