Multiple Choice
---------------- of the Indian Partnership Act, 1932 states that when the partnership between all the partners of a firm comes to an end, it is called dissolution of the firm
A) Section 5
B) Section 39
C) Section 50
D) Section 93
Correct Answer:

Verified
Correct Answer:
Verified
Q12: On dissolution, partners loan, if any, will
Q13: Realization account Dr. To asset a/c, this
Q14: The nominal account prepared to close the
Q15: Find the odd one<br>A)Retirement of a partner<br>B)Death
Q16: A partnership which can be dissolved at
Q18: -------------- is a situation where in existing
Q19: When a liability is assumed by a
Q20: Liabilities to third parties are paid -------------<br>A)First<br>B)Second<br>C)Third<br>D)Lastly
Q21: In the event of dissolution of firm
Q22: In the case of dissolution of the