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Besides, what is meant by marshalling of assets and liability?
Subject: Accounting. Marshalling of Assets and Liabilities. The term 'Marshalling' refers to the order in which the various assets and liabilities are shown in the balance sheet. The assets and liabilities can be shown either in the order of liquidity or in the order of permanence.
Subsequently, question is, what is marshalling in accounting? Marshalling means presenting items in a logical order i.e. assets and liabilities in the statement of financial position are listed in particular order.
In this way, what is marshalling in law?
"Marshalling is an equitable remedy that may arise when you have two creditors of the same debtor, with one creditor, sometimes referred to as the senior creditor, having the right to resort to two funds of the debtor for payment of the debt, and the other creditor, the junior creditor, has the right to resort to one
What does Marshal mean in programming?
In computer science, marshalling or marshaling is the process of transforming the memory representation of an object to a data format suitable for storage or transmission, and it is typically used when data must be moved between different parts of a computer program or from one program to another.