The Dissolution of a Partnership Occurs

question 89

Multiple Choice

The dissolution of a partnership occurs

• A) Only when the partnership sells its assets and permanently closes its books.
• B) Only when a partner leaves the partnership.
• C) At the end of each year, when income is allocated to the partners.
• D) Only when a new partner is admitted to the partnership.
• E) When there is any change in the individuals who make up the partnership.

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