CUET Accountancy - Which of the following statements are true: (A) Dissolution of a partnership is different from dissolution of a firm. (B) A partnership is dissolved when there is a death of a partner. (C) A firm is dissolved when all partners give consent to it. (D) A firm is compulsorily dissolved when a partner decide to retire. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 26 May Shift 2

Partnership

Medium

common

(A), (B) and (D) only

(B), (C) and (D) only

(A), (B) and (C) only

(B), (C) and (D) only

✅ Correct Option: 3

Related questions:

27 May Shift 1

In the case of a dissolution of a firm, accumulated losses are transferred to:

14 May Shift 2

According to section ......... of the Partnership Act, 1932, the dissolution of partnership between all the partners of a firm is called the dissolution of the firm.

30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) On dissolution of a firm, creditors is transferred to:	(I) Bank account is credited
(B) Unrecorded liabilities when paid:	(II) Realization Account
(C) When realization expenses are paid by the firm on behalf of a partner, such expenses are	(III) Bank account is debited.
(D) When unrecorded assets are sold	(IV) Partner's Capital Account

Choose the correct answer from the options given below:

CUET Accountancy 2025 26 May Shift 2 PYQs

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