+3 votes
in Class 12 by kratos

In which ratio, capital deficiency of an insolvent partner is distributed among solvent partners, when Garner Vs. Murray applies?

(a) Profit-Loss ratio

(b) Opening capital ratio

(c) Capital ratio before charging dissolution profit and loss

(d) Equal ratio

1 Answer

+2 votes
by kratos
 
Best answer

(c) Capital ratio before charging dissolution profit and loss

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