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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