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Question : The dissolution of partnership between all the partners of a firm is called:

Option 1: Reconstitution of partnership firm

Option 2: Dissolution of partnership

Option 3: Dissolution of partnership firm

Option 4: Any of the above


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: Dissolution of partnership firm


Solution : Dissolution of partnership between all the partners of a firm is called the dissolution of the partnership firm. All the books of accounts will be closed in the case of dissolution of a partnership firm. Hence the correct option is 3.

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