What is the rule in Garner vs Murray in respect of debit balance of an insolvent partnership?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
How should the balances of progress billings and construction in progress be sho...
Posted by:
Moataz Ali Sobhi
27-February-2015

Partnership Disputes

Question added by Bolarinwa Ajayi
Date Posted: 2016/05/14

Upvote (0) Views (0) Followers (0) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

0 Answers

Popular Searches

Engineers Jobs Sales Executive Jobs Software Engineer Jobs Accountant Jobs Sales Manager Jobs

Write Your Answer

More Questions Like This

Purchase A/c will have- (a) No balance at all (b) Debit balance (c) Credit balance (d) Debit or Credit
Top Answer: Answer B is the correct answer See More

Answers (21)
1) All expenses and losses always having..? A. Credit balance B. Debit balance C. Exact difference balance D. Balance entered in voucher
Top Answer: B. DEBIT BALANCE. BOTH EXPENSES AND LOSSES WILL BE CHARGED IN THE INCOME STATEMENT. See More

Answers (8)
What is the difference between a debit and a debit balance?
Top Answer: Thank you for your kindness invitation. I'm fully agree with previous and expert answers like Mr. Wil ... See More

Answers (5)
What results are shown by the excess of debit balance over credit balance of Nominal Ledger ?
Top Answer: You have cash in hand equivalent to the debit balance B/F See More

Answers (1)