Which of the following is not one of the main accounts used for liquidation?
A) Liquidation.
B) Liquidator's distribution.
C) Shareholders' distribution.
D) Liquidator's receipts and payments.
Correct Answer:
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Q28: The details below were extracted from
Q29: Under a voluntary winding up, a liquidator
Q30: The journal entry to record the distribution
Q31: Under a court ordered winding up, a
Q32: Which of the following is an example
Q34: The main purpose of the liquidation account
Q35: In relation to the order of priority
Q36: Which of the following is an example
Q37: A voluntary winding up may be put
Q38: The details below were extracted from
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