Accountancy, asked by sameerfea6135, 2 months ago

Realisation made in parts is called

Answers

Answered by rashminrashmin9
0

Answer:

it's a part of reality

Explanation:

it's a part of reality

Answered by MotiSani
0

Piecemeal Distribution.

  • Piecemeal cash distribution refers to the systematic distribution of cash upon the dissolution of a partnership.
  • A partnership breakup was expected to be a one-day event, however, this is not the case.
  • A company's dissolution is a lengthy procedure. The assets are gradually or in stages realized.
  • When funds are acquired through the sale of assets, they are used to pay off liabilities.
  • Liabilities are also paid in stages. In summary, payments are distributed in stages rather than all at once. Piecemeal distribution is the term for this.

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