Question: Select all that apply When it is liquidated, a business has assets of $ 5 0 0 cash, $ 8 0 0 of liabilities, $

Select all that apply
When it is liquidated, a business has assets of $500 cash, $800 of liabilities, $400 common stock, and ($700) deficit in retained earnings. Based on this information
owners will receive $400
creditors will receive $800
creditors will receive $500
owners will receive zero
Select all that apply When it is liquidated, a

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