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Commerce · Q590

Accounting

Graduate and Post Graduate · Commerce · question 590

Q590

As per the rule of Garner V. Murray, the deficiency of the insolvent partner is shared by the solvent partners in their

A.
Profit sharing Ratio
B.
Capital Ratio
Answer
C.
Current Account Ratio
D.
Equal Ratio

Answer: Option B

Solution

Answer: Option B
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