GNG Accountancy | Day 16 | Chapter 6 | Class 12 | Dissolution of a partnership firm | All Basics

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John
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College Students
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Summary
Basics of partnership dissolution are covered, focusing on the differences between dissolution of partnership and partnership firm. Key accounts like realization, capital, and bank accounts are introduced, along with their functions in settling assets and liabilities. Important entries for transactions during dissolution are explained, ensuring comprehensive understanding for students.
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