English

On dissolution of the firm, the partner's personal assets are first used for payment of ______.

Advertisements
Advertisements

Question

On dissolution of the firm, the partner's personal assets are first used for payment of ______.

Fill in the Blanks
Advertisements

Solution

On dissolution of the firm, the partner's personal assets are first used for payment of personal liabilities.

shaalaa.com
  Is there an error in this question or solution?
Chapter 5: Dissolution of a Partnership Firm - OBJECTIVE TYPE QUESTIONS [Page 5.99]

APPEARS IN

D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 5 Dissolution of a Partnership Firm
OBJECTIVE TYPE QUESTIONS | Q (B) 12. | Page 5.99
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×