Which of the following is not true about a partnership firm? (a) It enjoys the benefit of

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Which of the following is not true about a partnership firm?

(a) It enjoys the benefit of perpetual succession.

(b) The legal entity of partners and of the partnership firm is same.

(c) From accounting viewpoint, the entity of partners is not same as that of the partnership firm.

(d) All of these.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 13, 2023 12:23 PM

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Which of the following is not true about a partnership firm? (a) It enjoys the benefit of

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Financial Accounting

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