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Dissolution of ...

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  • Question 1
    1 / -0

    Asset taken over by partner will be shown in:

  • Question 2
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    Payment of firm’s debts and private debts are treated as per the ________

  • Question 3
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    As per which section of the Indian Partnership Act, 1932, at the suit of a partner, the Court may dissolve a firm?

  • Question 4
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    Advertisement suspense is a ______

  • Question 5
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    First pay _______ and then pay ______ is the basic rule

  • Question 6
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    At the time of dissolution amount due to the Partners ₹2,00,000; Partner’s loan ₹30,000 and amount due to the creditors ₹2,00,000. In which order you will pay the amount?

  • Question 7
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    Which two accounts are merged at the time of dissolution? Instead of preparing them separately, we make only one account.

  • Question 8
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    When assets are transferred to Relisation account they are transferred at _____ amount , ____ against the assets is transferred separately

  • Question 9
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    Ram, Mohan and Sohan are partner, Shyam one friend of Mohan has advanced a loan to the firm of ₹2,00,000 and Ram has advanced a loan of ₹1,00,000. How loan of Shyam is to be paid back at the time of dissolution?

  • Question 10
    1 / -0

    Section 48 of the Indian Partnership Act, 1932 deals with the settlement of accounts at the time of ______________

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