Question

is selling of assets
gradually in pieces and paying off
liabilities in pieces
А
Fixed Assets
B
Flexible Assets
Cintangible Assets
D Piecemeal Distribution of Cash​

Answer 1

An asset sale is when a bank sells its receivables to another party. ... The buyer assumes no liabilities in an asset sale. ... as such if the seller gives the buyer control of the property after payment is made.

Answer 2

Answer:

is selling of assets gradually in pieces and paying off liabilities in pieces Option D Piecemeal Distribution of Cash​

Explanation:

• Piecemeal Distribution of Cash​ means individual or partial realization of assets.  

• This can be done if you received cash at the time of asset realization.  
• Distributed to various external liabilities.

• If you have cash left, you will have to pay some partners.
•  A specific order without waiting for all assets to be sold.  

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