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..
Journal entry for company, 1. Think about the transactions listed below. a....
1. Think about the transactions listed below. a. A company obtains a $10,000 loan from a bank. b. A company purchases $15,000 of inventory from its suppliers. They paid $5,000 toda
Accounting standard, redemption of debentures by sinking fund method
redemption of debentures by sinking fund method
Estimate the expected return, Case study Josephine Josephine has jus...
Case study Josephine Josephine has just landed her first job out of graduate school. She is lucky enough to be working for one of the Big Four, earning $50,000 per year. S
Dividends in arrears on cumulative preferred stock, Q. Dividends in arrears...
Q. Dividends in arrears on cumulative preferred stock a. are shown in stockholders' equity of the balance sheet. b. must be paid before common stockholders can receive a dividend.
Describe about trade test, Q. Describe about Trade Test? With a view of...
Q. Describe about Trade Test? With a view of perform the work in a trade an artisan staff should have the skill required for the trade and for this Railway workers classificati
Constructive trusts-trusts laws and accounts, CONSTRUCTIVE TRUSTS A con...
CONSTRUCTIVE TRUSTS A constructive trust is a trust imposed by equity regardless of the intention of the owner of the property: it arises by operation of law. The concept has
FDD , fimnancial accounting system
fimnancial accounting system
Prepare a journal entry to record the total factory payroll, Time tickets f...
Time tickets for factory employees during the month of August are summarized as follows. Prepare a journal entry to record the total factory payroll, the indirect payroll and the d
Sundry matters-financial statement , Sundry Matters 1) The accounting ...
Sundry Matters 1) The accounting system is also appropriate for departmental accounts. 2) The branch stock account is a practical means of controlling stock at the branch.
FASB and IASB - Revenue recognition, Q1. what are the roles and objective o...
Q1. what are the roles and objective of FASB and IASB? Q2.what are the main reason for the joint project undertaken by the FASB and IASB? Q3.state some critics by individual and th
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.