Examlex
At the time of the filing of the petition and the time of the filing of the plan, Chapter 13 imposes on the debtor the requirement of
Accounting Equation
The fundamental principle of finance stating that assets equal liabilities plus equity.
Paid Cash
The act of settling a transaction, or an obligation or debt, with the use of cash money instead of other forms of payment like credit.
Received Payment
The money received by an individual or a company for goods delivered or services rendered.
Accounting Equation
The fundamental principle of accounting that states assets equal liabilities plus owner's equity, serving as the foundation of the double-entry bookkeeping system.
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