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Day: March 26, 2022
State the order of settlement of accounts on dissolution.
Class 12
Accountancy
accounts
26/03/2022
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Distinguish between the firm’s debts and the partner’s private debts.
Class 12
Accountancy
accounts
26/03/2022
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On dissolution, how will you deal with the partner’s loan if it appears on the (i) assets side of the balance sheet? (ii) liabilities side of balance sheet.
Class 12
Accountancy
accounts
26/03/2022
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State the accounting treatment at the time of dissolution of a firm for (I) Unrecorded assets (II) Unrecorded Liabilities
Class 12
Accountancy
accounts
26/03/2022
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State the difference between dissolution of partnership and dissolution of partnership firm.
Class 12
Accountancy
accounts
26/03/2022
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