Question Text
Question 1 :
XY Associates a partnership firm is having two partners X and Y. In a fatal road accident X lost his life. The firm now stands __________.
Question 2 :
When a firm is dissolved, Goodwill a/c is closed by transferring to:<br/>
Question 3 :
Under the Partnership Act, on which of these grounds a partner of a firm may sue for dissolution of the firm :
Question 5 :
In dissolution of partnership, _________ account is created, whereas _________ account is prepared in dissolution of firm.
Question 6 :
Dissolution of partnership between all the partners of the firm is called __________.
Question 8 :
In dissolution of partnership, business ________ whereas in dissolution of firm, the business is ________.
Question 9 :
Under section $44$ of the Partnership Act, a firm may be dissolved on happening of certain contingencies like :
Question 11 :
On the dissolution of a firm, loan from the wife of a partner is treated as ____________.<br/>
Question 12 :
On dissolution, all assets are transferred to realization account at ________.<br/>
Question 13 :
According to the Partnership Act, which of this statement about the dissolution of the partnership is true.
Question 14 :
The amount due to the retiring partner can be made by ________.
