Given:
I. Settlement of debts
II. C...
Given:
I. Settlement of debts
II. Cessation of business
III. Introduction of assets
IV. Disposal of assets
Which of these constitutes dissolution of partnership?
I, II and III only
I, II and IV only
II and IV only
II and III and IV only
Correct answer is B
Bankruptcy of a partner, illegality of object of the business, expiration of the time given, non performance of the business, admission of a new partner, withdrawal or retirement of partners give rise to dissolution of partnership.
Which of the following branches of accounting was first developed? ...
Which of the following is a journal as well as an account? ...
Which of the following is charged to trading account? ...
When a customer's cheque is returned unpaid in a debtor's control accounting system, the tre...
Use the following information to answer the given question \(\begin{array}{c|c} & N\\ \text...
Given Dept A Dept B Floor space 40meter square 60meter square Machine hours 1200 140...
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...
The ware and tear of a fixed assets of a company which is chargeable to company’s financial st...
The main difference between the ordinary and preference shareholders is that? ...