-----------of partnership firm means closing the business of the firm

Related MCQs

• ---------------- of the Indian Partnership Act, 1932 states that when the partnership between all the partners of a firm comes to an end, it is called dissolution of the firm
• In the case of dissolution of the firm , the account opened for closing various items in the balance sheet is called ----------------
• The ------ has distinguished the ‘dissolution of partnership’ from ‘dissolution of firm’.
• When the relation of partnership among different partners changes without affecting the entity of the firm it is called------
• A partnership which can be dissolved at any time by giving notice to other partners is known as ------------------
• In life insurance business , claims may arise on …………………….
• Surrender value is an expression that is used in case of ………………. Insurance business .
• To ascertain profit in life insurance business ………………. Prepared.
• Insurance business in India is regulated by ……………………………..
• Valuation balance sheet is prepared by ………………… business