by: Admin_LouisPosted on:

Which of the following is a feature of the statement of affairs prepared when a company is being liquidated?

Which of the following is a feature of the statement of affairs prepared when a company is being liquidated?
preferential creditors are paid before debenture with floating securities
the shareholders fund is revalued
asset on recorded at book values
A & C

Related posts:

  1. The International Accounting Standards Boards (IASB) Framework for the Preparation and Presentation of Financial Statements (Framework) is the IASBs conceptual framework. Which one of the following does the Framework not cover?
  2. ………. are formed registration with the chief register of friend societies
  3. which of these is not a terminology used in insurance claims accounting
  4. According to SAS II, treatment and disclosure of lease transaction in the book of both

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: