On partnership dissolution, if a partner's capital ac...
On partnership dissolution, if a partner's capital account has a debit balance and the partnr is insolvent, the deficiency will, in accordance with the decision of the case of Garner v Murray, be
Borne by all the partners
Borne by the insolvent partner
Written off
Borne by the solvent partners
Correct answer is A
No explanation has been provided for this answer.
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