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P1 C6 RETIREMENT/DEATH OF A PARNER — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C6 RETIREMENT/DEATH OF A PARNER1 Mark
MCQ
What is joint life insurance policy for business unit?
  • A
    Capital
  • B
    Debt
  • C
    Expense
  • ✓
    Asset
✓

Answer

Correct option: D.
Asset

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