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DP
Question Practice

What happens to the bank overdraft when a firm is dissolved?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

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

What happens to the bank overd...

Single Answer MCQ
Q-00082358

What happens to the bank overdraft when a firm is dissolved?

1

Cash Account

2

Bank Account

3

Realisation Account

4

Partner’s Capital Account

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Q1.

What is the meaning of dissolution of partnership firm?

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Q2.

Differentiate between dissolution of partnership and dissolution of partnership firm.

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Q3.

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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