When a partnership is liquidated, it is usually necessary to sell all its assets and then distribute them. The order of assets distribution of the partnership enterprise is: (1) paying the creditor's rights other than the partners; (2) Paying the creditor's rights of the partners; (3) Allocate the remaining assets according to the capital balance. The liquidation procedure of the above-mentioned partnership enterprises is based on fraud: (1) the partnership enterprise has complete solvency, that is, the assets of the partnership enterprise exceed the liabilities of the partnership enterprise; (2) All partners have partnership interests in the net assets of the enterprise, that is, after sharing the gains and losses from asset realization, the balance of funds remains with the lender; (3) All assets have been converted into cash before the cash is distributed to the partners.