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Multiple Choice (10 Items): Partnership Dissolution
Hello, need help answering the attached exercise to review for my coming exam. Please provide explanations.
wercise NV – 3 .. Multiple Choice : Choose the best answeramong the given choices .`Which of the following results in . dissolution of apartnership ?a .’ contribution of additional assets to the partnership byan existing partner6. partnership borrowed cash from the managing partnerc . winding up of the partnership and the distribution ofremaining assets to the partners*.`d . withdrawal of a partner from a partnership2 . The admission of a new partner under the bonus methodwill result in a bonus toa . the old partners only .b . the new partner only . “C . either the new partner or the old partners , but notboth .d . none of the above .3 . If a bonus is traceable to the previous partners rather thanan Incoming partner , it is allocated among the partnersaccording to the2 . profit- sharing percentages of the previous partnership .
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