Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Dissolution of a Partnership Firm › After a firm is dissolved, which activity may st…
After a firm is dissolved, which activity may still be carried on?
ATaking fresh orders
BAdmitting new partners
COpening new branches
DClosing the firm's affairs
Answer & Solution
Correct answer: D. Closing the firm's affairs
Only the work of winding up, that is selling assets and settling claims, continues after dissolution.
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