Report post
Liquidation is the process of converting non-cash assets into cash to pay off debts and distribute the remaining assets among shareholders. Asset liquidity refers to how easily an asset can be sold or liquidated. Company voluntary liquidation is when a company decides to liquidate voluntarily, usually due to financial difficulties. Accountants play a crucial role in the liquidation process, ensuring all assets are properly valued and debts are settled.

The World's Leading Crypto Trading Platform

Get my welcome gifts