The Charge and Discharge Statement accounting indicates the need to segregate

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The Charge and Discharge Statement accounting is used to separate the principal items from income items. It is necessary to segregate these items to ensure that the estate's debts are settled, and the remaining assets are distributed appropriately to the beneficiaries. Real property, personal property, devices, legacies, and claims against the estate may be part of either the principal items or the income items and therefore should be included in the appropriate category.

The Charge and Discharge Statement Accounting Indicates the Need to Segregate