According to rule, Garner v/s Murray deficiency of ;nsolvent partner will be allocated in ___________.
A. Profit sharing ratio
B. Loss sharing ratio
C. Capital ratio agreed before dissolution
D. Equal loss sharing ratio
Answer:C
According to rule, Garner v/s Murray deficiency of ;nsolvent partner will be allocated in ___________.
A. Profit sharing ratio B. Loss sharing ratio C. Capital ratio agreed before dissolution D. Equal loss sharing ratio