Talk:Liquidation expenses/@comment-112.198.83.10-20150106133731/@comment-2405:204:5011:5861:0:0:2754:90AC-20170903113539

If liquidation expenses are borne by selling company, then in selling company books,

Realisation Dr.

To Cash

If the same are reimbursed by purchasing company, additional entry

Cash

To Purchasing Company

If liquidation expenses are borne by purchasing company,

In purchasing company books,

Good will/Capital reserved. Dr.

To cash