Accountancy, asked by christensonmurmu, 2 months ago

what do you mean by Dissolution of partnership and Dissolution of partnership firm?​

Answers

Answered by Ankitadalai14
2

Explanation:

Dissolving a partnership firm means discontinuing the business under the name of said partnership firm. In this case, all liabilities are finally settled by selling off assets or transferring them to a particular partner, settling all accounts existed with the partnership firm.

Answered by Anonymous
14

Answer:

Dissolving a partnership firm means discontinuing the business under the name of said partnership firm. In this case, all liabilities are finally settled by selling off assets or transferring them to a particular partner, settling all accounts existed with the partnership firm.

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