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At the time of dissolution of firm ,...

At the time of dissolution of firm , at which stage the balance of partner's capital accounts is paid ?

A

After making the payment to third party 's loans

B

Before making the payment of partners in respect of their loans

C

After making the payment to third party for their loans as well as partners loans

D

None of the above

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The correct Answer is:
C
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  7. Unrecorded liability , when paid on dissolution of a firm is de...

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  10. Realisation A/C is a :

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  11. In the event of dissolution of firm , the partner's personal asset...

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  12. A partnership firm is compulsorily dissolved ):

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  14. On dissolution , Goodwell account is transferred to ):

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  15. At the time of dissolution of partnership firm , Fictitous asset...

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  17. At the time of dissolution of partnership firm , the amount of '...

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  18. On dissolution , the final balance of capital accounts accounts ...

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  19. Change in the existing agreement between the partners is called :

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