At the suit of a partner, the court may order a partnership firm to be dissolved on the following grounds :

A. When a partner becomes insane.

B. When a partner becomes permanently incapable of performing his duties as a partner.

C. When a partner is guilty of misconduct which is likely to adversely affect the business of the firm.

D. When a partner persistently commits breach of partnership agreement.

Choose the correct answer from the options given below:

Aman and Mohan, partners of a firm decided to dissolve the business on 31-03-22. The firm decided to pay realisation expenses of Rs. 1,000 on behalf of Mohan. Rs.1000 will be debited to

In the case of dissolution of a partnership firm, unrecorded liabilities when paid are shown in:

When realisation expenses are paid by the firm on behalf of a partner, which among the following will be debited:

Dissolution by Court happens:

Which statement is not false, in respect of the dissolution of a partnership firm :-

Realisation account doesn't show-