Accountancy, asked by aartirajput7171, 5 months ago

Dissolution of firm means, dissolution of partnership between all the partners in the firm .

(True/False

Answers

Answered by aimcaindia

Answer:

False

Explanation:

If a relationship between all the partners of firm is dissolved then it is known as dissolution of firm. In case of dissolution of partnership of firm, the firm ceases to exist. This process includes the discarding and disposing of all the assets of firm or and settlements of accounts, assets, and liabilities

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