Do you agree or disagree with the statement: On Dissolution of partnership firm / Cash / Bank Account is closed automatically.

Q.1 (D) (iv) Do you agree or disagree with the statement: On Dissolution of partnership firm / Cash / Bank Account is closed automatically.

Doubtly Asked 28 Oct 2026 Board exam · June 2026 hsc 12th Save WhatsApp Report

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Answer: Agree

After all assets are realised, liabilities and expenses paid and partners' accounts settled, the cash or bank account tallies by itself, because the money left is exactly the amount payable to the partners.

Doubtly AI · 28 Oct 2026 AI-generated · not yet verified Report

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Do you agree or disagree with the statement: On Dissolution of partnership firm / Cash / Bank Account is closed automatically.

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