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Write the word/phrase/term which can substitute each of the following statement: The person who bears insolvency loss of an insolvent partner. -

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Question

Write the word/phrase/term which can substitute each of the following statement:

The person who bears insolvency loss of an insolvent partner.

One Word/Term Answer

Solution

Solvent partner

shaalaa.com
Accounting Procedure of Dissolution of Partnership Firm
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