Customer Service Chat
Get quote & make Payment
Effect of receiving order, Financial Accounting
Effect of receiving order
The consequences of the making of the receiving order are:
The debtor retains ownership, but loses possession and control of his property;
The official receiver becomes receiver of the debtor's property;
No legal proceedings may be brought in respect of provable debts except by leave of the court;
Transactions subsequently entered into by the debtor are prima facie invalid;
The receiving order must be advertised in the gazette;
Posted Date: 12/12/2012 6:15:58 AM | Location : United States
Ask an Expert
Effect of receiving order, Assignment Help, Ask Question on Effect of receiving order, Get Answer, Expert's Help, Effect of receiving order Discussions
Write discussion on Effect of receiving order
Your posts are moderated
Write your message here..
Scarce - difficult and easy analysis, SED Analysis SDE i.e. Scarce, Dif...
SED Analysis SDE i.e. Scarce, Difficult and Easy analysis estimates the significance of inventory items on the basis of their availability. According to SDE analysis the invent
Financial Accounting, What is financial Accounting
What is financial Accounting
Best estimate for morningside''s cost of equity, Morningside nursing Home, ...
Morningside nursing Home, a not-for-profit corporation, is estimating its corporate cost of capital. Its tax-exempt debt currently requires an interest rate of 6.2 percent and its
Financial and managerial accounting, You have been hired as consultants to ...
You have been hired as consultants to advise Mr D of DN Company limited on the performance of his company which has been in business for two years. He has provided you with a subs
Identifying fixed cost and variable cost, 1. When preparing the operating a...
1. When preparing the operating activities section of the statement of cash flows using the indirect method, a decrease in accounts recievable is subtracted from net income. True o
Intra company adjustments-group accounts, INTRA COMPANY ADJUSTMENTS In pr...
INTRA COMPANY ADJUSTMENTS In preparing the consolidated balance sheet, the following items may require adjustments:. 1 Goodwill 2 Unrealized profit on closing inventory 3
Repayment of principal, a) Your company is planning to take $1,750,000 on a...
a) Your company is planning to take $1,750,000 on a 3-year, 10%, annual payment, fully amortized term loan. What fraction of the payment made at the end of the second year will sho
Prepare a purchases ledger control account, Question: The following inf...
Question: The following information was extracted from the books of William Noel for the year ended 30 April 2009.
Illustration: holding company with direct share holding, Illustration: Hold...
Illustration: Holding company with direct share holding Rain Ltd., Storm Ltd. and Thunder Ltd. are in the business of manufacturing tents. Their balance sheets as at 30 September
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Terms & Conditions
Copyright by ExpertsMind IT Educational Pvt. Ltd.