Chapter 4: Partnership Dissolution Questions & Answers / Passed | 100 Correct. Good for Practice Yr. 2026/2027

3/17/25, 5:25 PM Chapter 4: Partnership Dissolution: [1232_ACCCOB1_K90] - ACCOUNTING ESSENTIALS FOR BUSINESS


Chapter 4: Partnership Dissolution Questions & Answers /
Passed | 100 Correct. Good for Practice Yr. 2026/2027
Due Mar 18 at 9am
Points 25
Questions 25
Available Feb 21 at 7:30am - Mar 18 at 9am
Time Limit None
Allowed Attempts Unlimited


Instructions
I - True or False
II - Multiple Choice
III - Problem Solving

For problem solving, final amount should be:
• without peso sign.
• with or without comma.

Solutions for Problem Solving items in good accounting format is required The worksheets will be
collected by the professor in class as scheduled on the Syllabus.

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Attempt History
Attempt Time Score
KEPT Attempt 3 11 minutes 25 out of 25

LATEST Attempt 3 12 minutes 25 out of 25

Attempt 2 19 minutes 24 out of 25




https://dlsu.instructure.com/courses/155885/quizzes/409604 1/11

, 3/17/25, 5:25 PM Chapter 4: Partnership Dissolution: [1232_ACCCOB1_K90] - ACCOUNTING ESSENTIALS FOR BUSINESS
Attempt 4 10 minutes 25 out of 25

Score for this attempt: 25 out of 25
Submitted Mar 15 at 3:56pm
This attempt took 11 minute.


TRUE OR FALSE


Question 1
pts
Liquidation takes place when there is an admission of a new partner.
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https://dlsu.instructure.com/courses/155885/quizzes/409604 2/11