Login
Login
Register
Questions
Unanswered
Tags
Categories
Ask a Question
Ask a Question
Explain Garner V/* Murray rule.
+1
vote
asked
Jan 15, 2018
in
Class 12
by
kratos
Explain Garner V/* Murray rule.
class-12
dissolution of firm
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
+2
votes
answered
Sep 8, 2020
by
kratos
Best answer
*
Garner V/
Murray as follows:**
Deficiency of capital of insolvent partner would be borne in their capital ratio by solvent partners.
Solvent partners should bring in cash for their share of realization loss. Capital ratio of the solvent partners would be derived from the regular balance sheet made prior the dissolution of firm.
Please
log in
or
register
to add a comment.
Related questions
”There is a difference between dissolution of partnership and partnership firm.” Explain this statement.
Management is ‘multi-dimensional’. Explain the dimensions of management.
Explain β -elimination.
C6H5Cl is less reactive towards nucleophilic substitution reactions than C2H5Cl. Explain.
Explain ionisation isomerism. Write IUPAC name of [CO(NH3)5Cl]SO4 and [CO(NH3)5SO4]Cl.
