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What mean by dissolution of firms …

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What mean by dissolution of firms &partnership on the basis of closer of books

Posted by Vipin Saini 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Meghna Surana 7 years ago

Dissolution of partnership does not require final closure of the books.

Dissolution of firm requires final closure of books of the firm

Ankit Goswami 7 years ago

In dissolution of firm , all the accounts are come to end but in case of dissolution of partnership it's optional to close.

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