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Dissolution of Partnership Firm — Flashcards

Madhya Pradesh Board · Class 12 · Accountancy

80 flashcards for Dissolution of Partnership Firm (Madhya Pradesh Board Class 12 Accountancy) to test yourself on key terms and facts.

127 questions80 flashcards3 formulas & key relations5 concepts

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A comparison chart highlighting the key differences between the dissolution of a partnership and the dissolution of a partnership firm, focusing on business termination, settlement of assets/liabiliti
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80 Flashcards·
Meaning of dissolutionविघटन का अर्थविघटन प्रकारों के बीच अंतरDifference between dissolution typesSection 39धारा ३९विघटन का प्रभावEffect of dissolution
Card 1Meaning of dissolution

What is dissolution of a partnership firm?

Answer

Dissolution of a partnership firm means the dissolution of partnership between all the partners of a firm. It ends the existence of the firm, and no business is carried on after that except activities…

Card 2विघटन का अर्थ

साझेदारी फर्म का विघटन क्या है?

Answer

साझेदारी फर्म का विघटन का अर्थ है फर्म के सभी भागीदारों के बीच साझेदारी का विघटन। यह फर्म के अस्तित्व को समाप्त कर देता है, और उसके बाद फर्म को बंद करने, संपत्ति बेचने, देनदारियों का भुगतान करने और भा…

Card 3विघटन प्रकारों के बीच अंतर

साझेदारी का विघटन फर्म के विघटन से कैसे अलग है?

Answer

साझेदारी भंग होने से भागीदारों के बीच संबंध बदल जाते हैं, लेकिन फर्म अपना कारोबार जारी रख सकती है। फर्म भंग होने से कारोबार पूरी तरह समाप्त हो जाता है और फर्म बंद हो जाती है। संक्षेप में, साझेदारी भंग…

Card 4Difference between dissolution types

How is dissolution of partnership different from dissolution of the firm?

Answer

Dissolution of partnership changes the relationship among partners, but the firm may continue its business. Dissolution of the firm ends the business completely and closes the firm. In short, dissolut…

Card 5Section 39

What does Section 39 of the Partnership Act 1932 state?

Answer

Section 39 states that dissolution of partnership between all the partners of a firm is called dissolution of the firm. This is the legal basis for ending the firm’s existence completely.

Card 6धारा ३९

साझेदारी अधिनियम 1932 की धारा 39 क्या कहती है?

Answer

धारा 39 में कहा गया है कि किसी फर्म के सभी भागीदारों के बीच साझेदारी का विघटन फर्म का विघटन कहलाता है। यह फर्म के अस्तित्व को पूरी तरह से समाप्त करने का कानूनी आधार है।…

Card 7विघटन का प्रभाव

फर्म के विघटन के बाद क्या होता है?

Answer

विघटन के बाद, व्यवसाय बंद हो जाता है। केवल समापन गतिविधियाँ जारी रहती हैं, जैसे कि संपत्ति बेचना, देनदारियों का भुगतान करना और भागीदारों के दावों का निपटान करना। फिर फर्म को समाप्त कर दिया जाता है और …

Card 8Effect of dissolution

What happens after the dissolution of a firm?

Answer

After dissolution, business stops. Only closing activities continue, such as selling assets, paying liabilities, and settling the claims of partners. The firm is then wound up and its books are closed…

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Frequently Asked Questions

What are the important topics in Dissolution of Partnership Firm for Madhya Pradesh Board Class 12 Accountancy?
Key topics in Dissolution of Partnership Firm include Meaning and Difference Between Dissolution of Partnership and Dissolution of Firm, Modes of Dissolution of Firm, Settlement of Accounts Under Section 48 and Section 49, Insolvency of a Partner and Garner vs Murray Principle. Study these first, then practise questions on each for the Madhya Pradesh Board Class 12 board exam.
How many flashcards are available for Dissolution of Partnership Firm?
There are 80 flashcards for Dissolution of Partnership Firm covering key definitions, facts and ideas. A few sample cards are shown on this page.
How should I revise Dissolution of Partnership Firm for the Madhya Pradesh Board Class 12 board exam?
Learn the core ideas first, then work through the 127 practice questions on Dissolution of Partnership Firm. Revise definitions regularly and use flashcards for quick recall before the exam.

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