• New restrictions on private-sector capital-account transactions mean that they are unable, for the moment, to pay their foreign creditors.

    ECONOMIST: A detour or a derailment?

  • Au set up a general ledger for PLP to categorize and account for all transactions affecting the partnership assets and Capital accounts 10 as well as ledger income beginning in 1999. accounts were established for each partner to show distributions to each partner, income received by the partnership, and expenses incurred by the partnership.

    FORBES: Family Limited Partnerships Require Good Planning and Execution

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