Self Studies

Dissolution of ...

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  • Question 1
    1 / -0

    In Garner v. Murray, the deficiency of the insolvent partners is borne by other partners in the _________________.

  • Question 2
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    On dissolution, all assets are transferred to realization account at ________.

  • Question 3
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    On the dissolution of a firm, loan from the wife of a partner is treated as ____________.

  • Question 4
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    In India, audit of Partnership firm is:

  • Question 5
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    On the insolvency of one or more partners of a firm, the loss is borne by:

  • Question 6
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    When a firm is dissolved, Goodwill a/c is closed by transferring to:

  • Question 7
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    Which of the following is not a correct statement?

  • Question 8
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    What journal entry is passed for realising assets to provide cash for payment of liabilities?

  • Question 9
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    Declaration by directors of the company at the time of solvency is called as __________.

  • Question 10
    1 / -0

    Provision for bad and doubtful debts appearing in the books at the time of dissolution of firm is transferred to :

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