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Ronch [10]
2 years ago
7

Federal agencies enforcing antitrust laws may ask the courts to order a company to cease its operations and liquidate all of its

assets in a process known as:
Business
1 answer:
Tatiana [17]2 years ago
8 0

Federal agencies enforcing antitrust laws may ask the courts to order a company to cease its operations and liquidate all of its assets in a process known as Dissolution

<h3>What is Dissolution?</h3>

The process by which a solute in gaseous, liquid, or solid phase dissolves in a solvent to form a solution is known as dissolution. Solubility. The maximum concentration of a solute that can dissolve in a solvent at a given temperature is referred to as solubility. The solution is said to be saturated when the solute concentration reaches its maximum.

Dissolving is demonstrated by stirring sugar into water. The solute is sugar, and the solvent is water. Dissolving salt in water is an example of ionic compound dissolution.

The closing of a corporate entity, which can be a complicated process, is referred to as dissolution of corporation. With more owners and assets, ending a corporation becomes more complicated.

To know more about Dissolution follow the link:

brainly.com/question/4529762

#SPJ4

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4 years ago
If Pratt Company issues 5,000 shares of $5 par value common stock for $210,000, the accounta. Common Stock will be credited for
antiseptic1488 [7]

Answer:

d. Cash will be debited for $210,000.

Explanation:

The journal entry for the issue of shares is shown below:

Cash A/c Dr $210,000

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So, the cash account is debited whereas the common stock and paid-in capital should be credited

And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value

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damaskus [11]

Answer:

False

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