Home> Class-12> BOOK KEEPING AND ACCOUNTANCY >Q 62 |
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Que : 62. Which accounts are opened on the dissolution of a firm? |
Answer: dissolution process starts by preparing the following accounts.- 1. realisation a/c 2. loan by partner a/c 3. loan by firm to partner a/c 4. partner's capital a/c 5. bank or cash a/c |