A. B and Bhavya are partners in a firm. ID is admitted as a
new partner.
(i)Old firm is dissolved
(ii) Old firm and old partnership is dissolved
(ii) Old partnership is reconstituted
(iv) Goodwill
tot On dissolution of the firm, partner's capital accounts are closed
through.
(i) Realization Account (ii) Drawings Account
(iii) Bank Account
(iv) Loan Account
(e) Interest on call in arrears is charged according to table 'A' at -
(1) 5%
(ii) 6%
(iii) 8%
(iv) 10%
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