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
Q. What is trial balance? The firm credits two Accounts Payable and accounts Cash in this one entry. But the dollar totals of the debits and credits are equal. Cyclically accou

Question 1 Briefly explain the functions of accounting Question 2 Explain the three branches of accounting Question 3 What is single entry system? What are the advantages and


Q. Introduction to inventories? Subsequent to studying this chapter you should be able to - Record the journal entries for sales transactions involving merchandise. - Exp

What are the components or materials used by Accounts receivable departments? Ans) Accounts Receivable department is very vital department of the company. The responsibilities o

preparing trial balance with balance method

kind of information you would want to put on social media

Q. What is dividend? One idea of the statement of retained earnings is to connect the income statement and the balance sheet. The statement of retained earnings describes the c

Ower invested cash in the company along with equipment at market value, the amount is considered part of capital or revenues?

What is uses of Purchases journal Purchases journal (SPECIAL JOURNAL) Used to record only credit purchases of merchandise-may be only one column which is posted to two accou