State with reason whether at the time of Admission of a Partner, partnership is dissolved or partnership firm is dissolved. (A1 2013) Post category:Accountancy Reading time:1 mins read SOLUTION Partnership is dissolved not the partnership firm since the firm continues to carry on its business. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is the effect of admission of a new partner on Partnership? Next PostState any one right acquired by a newly admitted partner. (CBSE 2020 C) You Might Also Like Do you think that the loan by a partner is transferred to Realisation Account at the lime of dissolution of a firm? Why? September 27, 2022 How are Calls in Advance shown in the Balance Sheet? September 28, 2022 What is meant by the term ‘Cash Flows’? (C.B.S.E. 2020, Kerala) October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Do you think that the loan by a partner is transferred to Realisation Account at the lime of dissolution of a firm? Why? September 27, 2022