Schedule of cash payments
The schedule of cash payments shows the distribution of cash to the partners in partnership liquidation. A cash payments schedule is sometimes prepared to determine the distribution of cash to the partners in the liquidation of a partnership. The schedule of cash payments is organized around the basis accounting equation. It is especially useful when the liquidation process extends over a period of time.
The schedule of cash payments is sometimes called a safe cash payments schedule.
Category: Accounting & Auditing
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