Define workout expenditures, Accounting Basics

Workout Expenditures

Professional fees (legal, accounting, appraisal) paid to entities unaffiliated with the investment company's advisor or sponsor in connection with any of the following:

a.  Capital infusions 

b.  Restructurings or plans of reorganization 

c.  Ongoing efforts to protect or enhance an investment 

d.  The pursuit of other claims or legal actions. 

Posted Date: 8/9/2012 5:21:13 AM | Location : United States







Related Discussions:- Define workout expenditures, Assignment Help, Ask Question on Define workout expenditures, Get Answer, Expert's Help, Define workout expenditures Discussions

Write discussion on Define workout expenditures
Your posts are moderated
Related Questions
How to define Inter company Transaction in Account Receivable? Ans) Intercompany transactions are those transactions that takes place among two or more entities of the similar g

What is ACOUNTS RECEIVABLE LEDGER Businesses have several customers and individual businesses aren't assigned an account number they are just in alphabetical order. Accounts

what are the basic theory of accounting

what is the basic meaning of debit and credit

Q. Describe the methods of recording? Two general deductions from gross sales are (a) sales discounts and (b) sales returns and allowances. Sellers trace these deductions in co


The 31st December 2009 trial balance of Anika Co. reported the following information. Dr. Cr. Allowance for Bad Debts........................... $2,300 During the year 2010 t



20 hypothetical inventory transactions both sale and purchase