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When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer?.

Solutions for When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice When a partner’s capital account has a debit balance and he is unable to bring in necessary cash to make up the deficiency, it is called ____:a)Loss on dissolution of partnershipb)Loss on dissolution of firmc)Loss arising out of partner’s insolvencyd)Loss on distribution of assetsCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.