Answer Posted / nimish bhatia
this rule says that wen a partnership firm is dissolved...
then first of all, all partners shall bring the realisation
loss in cash in their profit sharing ratio... followin g
that, if any partner is found insolvent then the solvent
partnrs who have credit balance in their capital a/cs shall
bear the loss of the insolvent partner in their profit
sharing ratio
| Is This Answer Correct ? | 188 Yes | 167 No |
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