Question

What is dissolution of partnership​

Answer 1

Answer:

53.79 Dissolution - general

The dissolution of a partnership is the process during which the affairs of the partnership are wound up (where the ongoing nature of the partnership relation terminates).

Explanation:

TAKE CARE DEAR

Answer 2

$\huge{\underline{\bold{\purple{AnSwEr}}}}$

The dissolution of a partnership firm is said to be dissolved when the relationship between the partners is terminated. In case of dissolution, the firm ceases to exist. The process of dissolution includes disposing of the assets and the liabilities are paid off.

༆Mɪss〄iɴɴᴏᴄᴇɴT