preyinks

Don't loose that job offer because of your inability to manage payroll records.

Here is an offer for you, click the link below and join the group where you will learn proper personnel management system.

Don't click the link if you are not ready for this.

Offer goes for #3,000 only for the full training.

https://chat.whatsapp.com/HTcUMvMkaxSExdYSKwJu7W

Let's do this accountants.

Now that the ICAN result is out, let's learn about Personnel Management System(PMS).

Click the link to join
https://chat.whatsapp.com/HTcUMvMkaxSExdYSKwJu7W

Don't click the link if you are not ready for this.

There are various types of Insolvency.
Let's discuss a few of them.
1. CASH-FLOW INSOLVENCY
This is when a person or company has enough assets to pay what is owed but does not have the appropriate form of payment.
For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty.
2. BALANCE-SHEET INSOLVENCY / TECHNICAL INSOLVENCY
This is when a person or company does not have enough assets to pay all of its debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy.
A balance-sheet insolvent company may still have enough cash to pay its next bill on time. However, most laws will not let the company pay that bill unless it will directly help all their creditors.
If you found this helpful kindly like, comment, and share 😊