Financial and Management Accounting

1: For piecemeal distribution of cash for return of capital among the partners on dissolution, the method adopted should ensure that the amount finally left unpaid i.e., the loss to be borne by the partners is in
A.

Profit-sharing ratio

B.
Proportion to closing capital at the time of dissolution
C.

Equal proportion

D.

Proportion to assets realised.

 

Answer : A

Explanation :

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Option: A

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