CUET Accountancy - What is the mode of dissolution of the firm followed by G, K and B? | PYQs + Solutions

CUET Accountancy

Partnership

Easy

Dissolution by Agreement

On the happening of certain contingencies

Dissolution by Notice

Compulsory Dissolution

✅ Correct Option: 1

Related questions:

3 June Shift 2

Arrange the following in correct order in which assets of the firm can be used in the settlement.

(A) Residue shall be divided between the partners in their profit sharing ratio.

(B) In paying the partners proportionately what is due to him/her on account of capital.

(D) In paying the debts of the firm to the third parties.

Choose the correct answer from the options given below:

30 May Shift 1

A firm is dissolved compulsorily in the following cases:

(A) When all the partners or all but one partner, become insolvent, rendering them incompetent to sign a contract.

(B) When the business of the firm becomes illegal

(D) When some event has taken place which makes it unlawful for the partners to carry on the business of the firm in partnership.

Choose the correct answer from the options given below:

29 May Shift 2

Which of the following will lead to dissolution of partnership firm by agreement?

CUET Accountancy PYQs