Q.
1

i. Secured creditors

ii. Unsecured creditors

iii. Partners who have granted loans

iv. Partners who have contributed over and above profit sharing ratio

Arrange them in correct sequence in the event of dissolution of a firm:

 

  • A

    ii,i,iii,iv

     

  • B

    i,ii,iii,iv       

     

  • C

    i,ii,iv,iii                       

     

  • D

    ii,i,iv,iii