Question

Maximum loss method is also known as​

Answer 1

Step-by-step explanation:

Maximum loss method. it is an alternative method of piecemeal distribution. After payment of all the outside liabilities and partners loan under these method. maximum possible loss an every realization is calculated.

Answer 2

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

• Maximum loss method is another way of spreading the pieces. After repaying all foreign loans and partner loans under these means. the largest possible loss of all achievements is calculated.
• Maximum Loss is still distributed to large accounts at interest rate sharing from a cash account, and losses are deducted.
• Partner credit amount will be exactly the same as cash on hand and cash will be distributed to partners according to the current results. Such a calculation of capital losses, whenever a cash installment is received, will indicate how much should be paid to the various partners.