On dissolution, partners loan, if any, will be paid ---------
A) First
B) Second
C) Third
D) Lastly
Correct Answer:
Verified
Q2: When an unrecorded asset is taken over
Q3: The account opened to close the various
Q4: When a firm is dissolved, project or
Q5: In the event of dissolution of firm
Q6: Goodwill appearing in the balance sheet at
Q8: -----------of partnership firm means closing the business
Q9: On dissolution, all assets except cash are
Q10: If a partner takes over some assets
Q11: In the case of dissolution of the
Q12: A partnership which can be dissolved at
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