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When the firm ceases its operations completely, it is called dissolution of the
When the firm ceases its operations completely, it is called dissolution of the
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The correct option is C firm
When the firm ceases its operations completely, it needs to be dissolved. The process, known as dissolution of a partnership firm. This involves the sale or disposal of all assets of the firm, final settlement of all of its liabilities, and the settling of the accounts.
When the firm ceases its operations completely, it needs to be dissolved. The process, known as dissolution of a partnership firm. This involves the sale or disposal of all assets of the firm, final settlement of all of its liabilities, and the settling of the accounts.
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