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Accounting treatment for the take over of firm business by one of the partner in dissolution
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Accounting treatment for the take over of firm business by one of the ...
Ans. In case of dissolution of firm,partner's capital are paid at last after all external liabilities are paid and all profit and losses are adjusted in capital account.
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Accounting treatment for the take over of firm business by one of the partner in dissolution
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Accounting treatment for the take over of firm business by one of the partner in dissolution for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Accounting treatment for the take over of firm business by one of the partner in dissolution covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Accounting treatment for the take over of firm business by one of the partner in dissolution.
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