Matching
(1. )The schedule of liquidation
(2. )Deficit capital balances
(3. )Marshaling of assets
(4. )Predistribution plan
(A. )A schedule of liquidation should be produced periodically by the accountant to disclose losses and gains that have been incurred,remaining assets and liabilities,and current capital balances.
(B )At the start of a liquidation,this document provides guidance for all payments made to the partners throughout the liquidation
(C. )One or more partners may have a negative capital balance often as a result of losses incurred in disposing of assets.
(D. )Provides an equitable system for distributing assets during liquidation.

Question

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The Answer of Matching
(1. )The schedule of liquidation
(2. )Deficit capital balances
(3. )Marshaling of assets
(4. )Predistribution plan
(A. )A schedule of liquidation should be produced periodically by the accountant to disclose losses and gains that have been incurred,remaining assets and liabilities,and current capital balances.
(B )At the start of a liquidation,this document provides guidance for all payments made to the partners throughout the liquidation
(C. )One or more partners may have a negative capital balance often as a result of losses incurred in disposing of assets.
(D. )Provides an equitable system for distributing assets during liquidation.

Matching (1. )The Schedule of Liquidation