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State the order of settlement of accounts on dissolution.

Class 12 Accountancy accounts
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Distinguish between the firm’s debts and the partner’s private debts.

Class 12 Accountancy accounts
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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
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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
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State the difference between dissolution of partnership and dissolution of partnership firm.

Class 12 Accountancy accounts
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Discuss the various methods of computing the share in profits in the event of the death of a partner.

Class 12 Accountancy accounts
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Explain the treatment of goodwill at the time of retirement or in the event of the death of a partner?

Class 12 Accountancy accounts
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Explain the treatment of goodwill at the time of retirement or in the event of the death of a partner?

Class 12 Accountancy accounts
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How will you compute the amount payable to a deceased partner?

Class 12 Accountancy accounts
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Explain the modes of payment to a retiring partner.

Class 12 Accountancy accounts
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Why do firms revaluate assets and their liabilities on retirement or on the event of the death of a partner?

Class 12 Accountancy accounts
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Distinguish between sacrificing ratio and gaining tab.

Class 12 Accountancy accounts
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