What is meant by dissolution of a firm? Post category:Accountancy Reading time:1 mins read SOLUTION Dissolution of a firm means the dissolution of partnership among all the partners of the firm and the firm’s business is closed. 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 PostRiyansh, Garv and Kavleen were partners in a firm sharing profit and loss in the ratio of 8: 7: 5. On 2nd November, 2018, Kavleen died. Kavleen’s share of profits till the date of her death was calculated at Rs. 9,375. Pass the necessary journal entry. (CBSE Sample Paper 2019) Next PostWhat is Dissolution of Partnership? You Might Also Like State any two reasons for the preparation of ‘Revaluation Account’ in case of admission of a Partner? (CBSE Sample Paper 2018) October 8, 2022 What is the basis of calculation of deceased partner’s share of profit from the date of last balance sheet to the date of his death? (C.B.S.E. 2019.Kerala) September 27, 2022 Give one point of distinction between Reserve Capital and Capital Reserve. September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State any two reasons for the preparation of ‘Revaluation Account’ in case of admission of a Partner? (CBSE Sample Paper 2018) October 8, 2022
What is the basis of calculation of deceased partner’s share of profit from the date of last balance sheet to the date of his death? (C.B.S.E. 2019.Kerala) September 27, 2022