State any one occasion for the dissolution of the firm on Court’s orders. (Delhi 2017 C) Post category:Accountancy Reading time:1 mins read SOLUTION (i) Persistent breach of agreement by a partner.(ii) Insanity of a partner.(iii) Permanent incapacity of a partner. 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 PostState any two grounds on the basis of which the Court may order for dissolution of a partnership firm. (CBSE 2019) Next Post‘Complete the following Statement’: When a liability is discharged by a partner, at the time of dissolution, Capital Account is credited because__. (C.B.S.E. Sample Paper 2019) You Might Also Like Under which type of activity will you classify ‘Commission and Royalty Received’ while preparing Cash Flow Statement? October 4, 2022 Rita and Sobha are partners in a firm, Fancy Garments Exports, sharing profits and losses equally. On 1st April, 2019, the Balance Sheet of the firm was: July 26, 2022 A, B, C and D are partners in a firm sharing profits, in the ratio of 2: 1: 2: 1. On the retirement of C, Goodwill was valued Rs. 1,80,000. A, B and D decide to share future profits equally. Pass the necessary Journal entry for the treatment of goodwill. August 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Under which type of activity will you classify ‘Commission and Royalty Received’ while preparing Cash Flow Statement? October 4, 2022
Rita and Sobha are partners in a firm, Fancy Garments Exports, sharing profits and losses equally. On 1st April, 2019, the Balance Sheet of the firm was: July 26, 2022
A, B, C and D are partners in a firm sharing profits, in the ratio of 2: 1: 2: 1. On the retirement of C, Goodwill was valued Rs. 1,80,000. A, B and D decide to share future profits equally. Pass the necessary Journal entry for the treatment of goodwill. August 3, 2022