Ch 6: Corporate Bankruptcies, Reorganizations & Liquidations

About This Chapter

Boost your understanding of corporate bankruptcies, reorganizations and liquidations with this convenient online accounting chapter. These bite-sized lessons and quizzes offer you a fast and efficient way to get ahead in class, prepare for an exam or bring up your accounting grades.

Corporate Bankruptcies, Reorganizations & Liquidations - Chapter Summary

This chapter provides an overview of corporate bankruptcy, reorganization and liquidation topics. As you follow along with our expert instructors, you'll identify corporate bankruptcy laws and types as well as bankruptcy accounting procedures and statements of affairs. Work through the chapter at your own pace, and take the included lesson quizzes and chapter exam to check your understanding of the material. For your convenience, we've made the chapter accessible on any device that has an Internet connection. By the end of the chapter, you should be able to:

  • Recognize different types of corporate bankruptcy
  • Outline corporate bankruptcy laws
  • Describe the accounting procedures for Chapter 7 and 11 bankruptcies
  • Prepare a statement of affairs
  • Interpret a statement of realization and liquidation
  • Account for reorganization and liquidations within a business

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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