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Partnership Dissolution

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Multiple Choice (10 Items): Partnership Dissolution Choose the best answer among the given choices .`Which of the following results in . dissolution of a partnership ?a .’ contribution of additional assets to the partnership by an existing partner6. partnership borrowed cash from the managing partner c . winding up of the partnership and the distribution of remaining assets to the partners*.`d . withdrawal of a partner from a partnership2 . The admission of a new partner under the bonus method will result in a bonus to a . the old partners only .b . the new partner only . “C . either the new partner or the old partners , but not both .d . none of the above .3 . If a bonus is traceable to the previous partners rather than an Incoming partner , it is allocated among the partners according to the2 . profit- sharing percentages of the previous partnership .


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