Accountancy, asked by PragyaTbia, 1 year ago

Winding up of partnership business. Answer in a word / phrase / term.

Answers

Answered by AiB1
0
it means to improve the partnership
Answered by MotiSani
1

Answer:

Dissolution of partnership

Explanation:

Winding up of a partnership for dissolution of a partnership depicts the end of a partnership for a new beginning of the partnership after the previous partnership has ended.

When the aim or ultimate goal of a partnership is achieved, the partners may dissolve it or may continue the partnership with a new aim or goal.

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