Final Accounting for dissolving an S corporation I am dissolving my s corporation. It is a very small entity, with 2 shareholders, each owning 50% of the stock. I am trying to complete the final accounting, financial statements and tax return, but I'm at the point where I'm quite stuck.
My balance sheet is showing only a tiny amount of cash in assets. Liabilities and equity consist of common stock, paid in capital, and negative retained earnings. How do I wind this up? |