Accountancy, asked by christensonmurmu, 3 months ago

meaning of Dissolution of partnership?

Answers

Answered by Itzheaven

2

A dissolution of a partnership generally occurs when one of the partners ceases to be a partner in the firm. Dissolution is distinct from the termination of a partnership and the "winding up" of partnership business. It is, in essence, a change in the relationship between the partners.

Answered by dramaqueen2008

1

Answer:

A dissolution of a partnership generally occurs when one of the partners ceases to be a partner in the firm. Dissolution is distinct from the termination of a partnership and the "winding up" of partnership business. It is, in essence, a change in the relationship between the partners.

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