TERMIUM Plus®

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GAIN DISPOSAL ASSETS [2 records]

Record 1 2008-03-26

English

Subject field(s)
  • Finance
  • Government Accounting
  • Financial and Budgetary Management
CONT

Gain on disposal of assets per financial statements.

French

Domaine(s)
  • Finances
  • Comptabilité publique
  • Gestion budgétaire et financière
CONT

Gain sur disposition d'actifs selon les états financiers.

Spanish

Save record 1

Record 2 1984-05-10

English

Subject field(s)
  • Bankruptcy
  • Financial Accounting
CONT

If the liquidation process does not take long, the firm will try to settle with the partners in one payment... For a one-payment liquidation, there are two rules to observe : 1. Before any partner is entitled to any payments, all creditors must be paid in full. 2. Before any cash is distributed to any partner, the entire actual loss or gain from the disposal of assets must be distributed to the partner's account...

French

Domaine(s)
  • Faillites
  • Comptabilité générale

Spanish

Save record 2

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