Treatment of Liquidation Profits - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit) +--- Thread: Treatment of Liquidation Profits (/thread-treatment-of-liquidation-profits) |
Treatment of Liquidation Profits - sliemaangel - 07-13-2010 Hi, Liquidation profits are they in normal revenue or other income on income statement? Thanks Christina - ciapk - 07-13-2010 Please describe the liquidation profit and nature of the business of the company for specific response. |