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The retirement of a partner is a situation for the continuing partners which is known as

Anurag Pathak
July 3, 2023
Accountancy Class 12th, MCQs (Retirement), Retirement of Partner

938 viewsJuly 3, 2023Accountancy Class 12th MCQs (Retirement)Retirement of Partner

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Anurag Pathak28.37K July 3, 2023 0 Comments

The retirement of a partner is a situation for the continuing partners which is known as

a) Dissolution of Partnership

b) Dissolution of Partnership Firm

c) Winding up of Business

d) None of these

Anurag Pathak Changed status to publish July 3, 2023

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1 Answer

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Anurag Pathak28.37K Posted July 3, 2023 0 Comments

Ans – a)

Explanation:-

When a partner retires, the partnership agreement is dissolved, but firm continues.

Anurag Pathak Changed status to publish July 3, 2023

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