Accountancy, asked by obadgujar11, 1 month ago

maximum loss method is also known as​

Answers

Answered by vinod04jangid
2

Answer:

The maximum loss method is also known as the method of piecemeal distribution.

Step by step answer:

Another means of distributing fragments. After repaying all external debt and partner loans, under this method, the maximum possible loss of all possible liability is calculated.

Answered by aroranishant799
0

Answer:

The piecemeal distribution method is another name for the maximum loss approach.

Explanation:

Another method of distributing the pieces is the maximum loss method. After paying back all partner loans and loans from overseas lenders in this manner. The greatest possible loss of all accomplishments is calculated.

  • Losses are subtracted as losses are still allocated to large accounts at interest rate sharing from a cash account.
  • The amount of partner credit will match the amount of cash on hand perfectly, and cash will be allocated to partners in accordance with the most recent outcomes.
  • Every time a payment instalment is received, a computation of capital losses will be made to determine how much should be given to each partner.

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