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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

A partner retires from the partnership firm on 30th June. He is liable for all the acts of the firm up to the ______. - Accountancy

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Question

A partner retires from the partnership firm on 30th June. He is liable for all the acts of the firm up to the ______.

Options

  • End of the current accounting period

  • End of the previous accounting period

  • Date of his retirement

  • Date of his final settlement

MCQ
Fill in the Blanks
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Solution

A partner retires from the partnership firm on 30th June. He is liable for all the acts of the firm up to the date of his retirement.

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Chapter 6: Retirement and death of a partner - Multiple choice questions [Page 215]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 6 Retirement and death of a partner
Multiple choice questions | Q I 1. | Page 215
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