0
What else can I help you with?
In the event of a firm's dissolution the firm claim on its assets belong to?
bondholders.
In the event of firm dissolution the first claims on its assets belongs to?
In the event of firm dissolution, the first claims on its assets belong to secured creditors. These are lenders or creditors who hold collateral against their loans, ensuring they are paid first. Following secured creditors, the order of claims typically proceeds to unsecured creditors, and finally, any remaining assets are distributed to the owners or shareholders of the firm.
What is a charge over assets?
A charge over assets is a legal interest granted by a borrower to a lender as security for a loan or obligation. It allows the lender to claim specific assets of the borrower if they default on the loan. This can include tangible assets like property or equipment, or intangible assets like receivables. The charge ensures that the lender has a priority claim over the specified assets in the event of liquidation or bankruptcy.
When saccharine dissolves in water what is this event called?
Dissolution (in water).
What do you mean by liabilities?
Any amount which is returnable by the company to it's owners or outsiders on the event of dissolution of company that amount is called liability of company
What the definition of assets?
An asset is a resource controlled by an entity (ie. the entity is entitled to the benefits or can restrict use of the asset) as a result of a passed event (ie. signing of a contract) from which future economic benefits are expected to flow to the entity to whom the asset belongs.
When there is a Dissolution of a partnership how is the goodwill recorded in the realization account.?
when there is any goodwill on the event of dissolution of a firm as like other assets realised the recording of goodwill is same of that.for examplelets take debtors and goodwillrealization a/c debitdebtors a/c creditwhen realisedcash a/c debitrealization a/c creditthe entry will be same of goodwill as debtors realisedusually goodwill is not shown on the balance sheet. so it is not closed to realization account.entry of goodwill realizedcash a/c debitrealization a/c credit
When there is a Dissolution of a partnership how is the goodwill recorded in the realization account?
when there is any goodwill on the event of dissolution of a firm as like other assets realised the recording of goodwill is same of that.for examplelets take debtors and goodwillrealization a/c debitdebtors a/c creditwhen realisedcash a/c debitrealization a/c creditthe entry will be same of goodwill as debtors realisedusually goodwill is not shown on the balance sheet. so it is not closed to realization account.entry of goodwill realizedcash a/c debitrealization a/c credit
What is a property agreement between spouses and how does it impact the division of assets in the event of a divorce?
A property agreement between spouses is a legal document that outlines how assets and debts will be divided in the event of a divorce. It can impact the division of assets by specifying which assets are considered separate or marital property, and how they will be distributed between the spouses. This agreement can help clarify ownership rights and prevent disputes during the divorce process.
What is a testament?
A statement or event which stands in support of a specific claim.
Why would a political scientist wish to consult multiple sources of information on a topic?
to corroborate a given primary source's claim about an event
What do you mean by liabillity?
Any amount which is returnable by the company to it's owners or outsiders on the event of dissolution of company that amount is called liability of company
