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DP
Question Practice

Unrecorded assets taken over by a partner during dissolution are recorded in which account?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Dissolution of Partnership Firm
Question Bank

Unrecorded assets taken over b...

Single Answer MCQ
Q-00082349

Unrecorded assets taken over by a partner during dissolution are recorded in which account?

1

Capital Account

2

Realisation Account

3

Partner's Current Account

4

Asset Account

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Q1.

What is the meaning of dissolution of partnership firm?

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Differentiate between dissolution of partnership and dissolution of partnership firm.

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Describe the various modes of dissolution of a partnership firm.

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Q4.

Explain the rules relating to the settlement of claims among all partners during dissolution.

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