Download App

P1 C7 DISSOLUTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C7 DISSOLUTION OF PARTNERSHIP1 Mark
Question
What accounting entry will be passed when a partner accepts to pay dissolution expenses which is to be borne by the firm ?
✓

Answer

Coming soon ...

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from P1 C7 DISSOLUTION OF PARTNERSHIP→P1 C7 DISSOLUTION OF PARTNERSHIP — all question types→Elements of Account STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

What is current asset and non-current asset ?
→
Where will you disclose the following items given in a trial balance during the preparation of a final account of a partnership firm: Loan given to firm by a partner
→
State the accounting treatment of profit and loss account debit balance appearing in the balance sheet of the firm at the time of the retirement of a partner.
→
At which value goodwill is shown in the new balance sheet, at the time of admission of a new partner?
→
Which expenses are added during computation of operating profit ?
→
Which balance of partners' current account is shown at capital and liability side of the balance sheet ?
→
What are 'shareholder's funds'?
→
On which side of profit and loss appropriation account, interest on drawings of partners be shown?
→
Describe state partners capital account methods of a partnership firm.
→
When business profit shows continously increasing or continously decreasing trend, which average is considered for valuation of goodwill ?
→