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When the firm is dissolved then …

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When the firm is dissolved then the firm hadn't sufficient cash for paying the loan to the partner then how they pay off the loan

    • Posted by Rocky Mental 5 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Gautam Jaiswani 5 years, 10 months ago

    By using partners capital because third party liability are paid off first.

    0Thank You

    Somesh Pandey 5 years, 10 months ago

    I think by bank

    0Thank You

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