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S. Y. B Com Accounts: Piecemeal Distribution 201516 Q1) A, B and C are three partners sharing profits and losses in the ratio of 3:2:1. Their capital balances are Rs. 60,000, Rs. 48,000 and Rs. 30,000

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1. Individuals who have received an inheritance or are beneficiaries of a trust may require piecemeal distribution if they wish to receive their inheritance in smaller, periodic amounts rather than a lump sum.
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What is piecemeal distribution - ghanshyamdas?

Piecemeal distribution is the distribution of assets or funds in small portions over time rather than all at once.

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The executor or administrator of an estate is required to file for piecemeal distribution.

How to fill out piecemeal distribution - ghanshyamdas?

To fill out piecemeal distribution, the executor or administrator must submit a detailed plan outlining the proposed distribution of assets.

What is the purpose of piecemeal distribution - ghanshyamdas?

The purpose of piecemeal distribution is to ensure that assets are distributed in a fair and organized manner, while also allowing for flexibility.

What information must be reported on piecemeal distribution - ghanshyamdas?

The information reported on piecemeal distribution includes a list of assets, their estimated values, and the proposed timeline for distribution.

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