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Liquidation Transactions
Transactions that occur when a company is in the process of closing and its assets are being sold off.
Capital Distributions
Capital distributions are payments made by a corporation to its shareholders from its capital base, as opposed to payments made from earnings or profit.
Liquidation Expenses
Costs associated with disbanding a company or partnership, including selling off assets, paying off creditors, and distributing any remaining assets to shareholders or partners.
Deficit Capital Account
A situation where a company's capital account balance is negative, indicating that liabilities exceed assets.
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