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Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.

Here you can find the meaning of Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Case study A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:It was agreed that following transactions will take place:A. A wanted to start the business in sole proprietorship So he took Building and Furniture at 10% less than book value.B. All the debtors proved good except a person C who did not pay Rs. 10,000.Q.Due to the ill health of B, they decided to dissolve the firm. It comes under ______ form of dissolution.a)Dissolution by Noticeb)On the happening of certain contingenciesc)Dissolution by courtd)Dissolution by AgreementCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.