This Starter builds on the solution to Starter 12-12. After completing the liquidation schedule in Starter 12-12,

Question:

This Starter builds on the solution to Starter 12-12. After completing the schedule in Starter 12-12, you notice that Benroudi has a final balance of negative $8,000. What are the options for dealing with this capital deficit?
Liquidation
Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations when they are due....