explain peacemeal distribution
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Theoretically speaking, Piecemeal denotes something being done piece by piece or one stage at a time. In accounting, "Piecemeal Distribution" is a method wherein as and when money is received from sale of assets, it is used to pay liabilities in stages or gradually.
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Answer:
Theoretically speaking, Piecemeal denotes something being done piece by piece or one stage at a time. In accounting, "Piecemeal Distribution" is a method wherein as and when money is received from sale of assets, it is used to pay liabilities in stages or gradually.
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