Answer Posted / kourier john
SIMPLY,The rule states that in the case of a partership
being dissolved,the deficit of the insolvent partner will
be born by the other solvent partner[s] in their last
capital sharing ratios.
| Is This Answer Correct ? | 48 Yes | 11 No |
Post New Answer View All Answers
What are Mortgage Payment Problems?
What is account
what is Calculation of Depreciation for 4 to 5 Years?
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
How to raise my credit score if I have 500 credit score?
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
How to increase our credit rating score quickly?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
Expand SCERT
cany anyone explaing what are the functions of an Account Officer/Manager?
what are responsibilities of an accountant in a company?
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
.,can someone tell me how to compute the subscribed capital share?
last date of tds deposit yearly,tds proforma challan
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?