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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 is the dissolution of a partnership firm?
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Answer

According to section$-39$ of Indian Partnership Act, when an partner get separated through dissolution of firm, that brings end of their partnership, it is known as dissolution of partnership firm.

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