In actual practice, the assets are not realized at once on a single day unless the business is sold to somebody.
The partners expect a good price for the assets and therefore, they gradually realize them depending on the market conditions. Thus, the whole process of realisation takes some time i.e, may be a few months or even a year or even more.
The process followed to discharge the liabilities and claims of the partners as and when the assets are realised is called piecemeal distribution of cash.
Note – This course would be active for 1 Month only from the date of enrollment.
Prior to the start of classes, students will be sent a welcome email with information on how to login and get started.
Minimum technical and software requirements for AccountsBaba.Com Online Learning courses:
- Computer and Internet Connection:
You will need regular access to a computer with an internet connection. High speed broadband access (LAN, Cable or DSL) is highly recommended for the optimal learning experience. Some courses have more advanced system requirements.
- Compatible Operating System: Windows 8 or 10
- Web Browser: Firefox, Chrome, Internet Explorer 11, or Microsoft Edge