{"id":49690,"date":"2024-04-15T22:59:25","date_gmt":"2024-04-15T22:59:25","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=49690"},"modified":"2024-04-15T22:59:25","modified_gmt":"2024-04-15T22:59:25","slug":"in-case-of-dissolution-of-the-partnership-if-a-partners-capital-account-shows-a-debit-balance-and-he-subsequently-turns-out-to-be-insolvent-what-will-be-the-accounting-treatment-consider-the-cas","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-case-of-dissolution-of-the-partnership-if-a-partners-capital-account-shows-a-debit-balance-and-he-subsequently-turns-out-to-be-insolvent-what-will-be-the-accounting-treatment-consider-the-cas\/","title":{"rendered":"In case of dissolution of the partnership, if a partner’s capital account shows a debit balance and he subsequently turns out to be insolvent, what will be the accounting treatment? (Consider the case laws)"},"content":{"rendered":"

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\r\n The loss has to be borne in the capital ratio by the solvent partners <\/div>\r\n
\r\n The loss has to be borne in the existing profit sharing ratio <\/div>\r\n
\r\n The loss has to be borne in the adjusted profit sharing ratio after insolvency <\/div>\r\n
\r\n The loss has to be borne in the sacrificing ratio of the solvent partners E. The loss has to be equally distributed among the solvent partners <\/div>\r\n \r\n \r\n
Answer is Right!<\/div>\r\n
Answer is Wrong!<\/div>\r\n <\/div>\r\n\r\n