Home page               Download material                Accounting topics                Accounting dictionary                Financial calculators

Home » Accounting Dictionary » Letter G » Garner Vs. Murray Rule Definition
 
 

A   B   C   D   E   F   G   H   I   J   K     M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

 

Garner Vs. Murray Rule Definition:

If one partner is unable to make good a deficit on his capital account, the remaining partners will share the loss in proportion to their last agreed capitals, not in the profit/loss sharing ratio.

New Page 1

A D V E R T I S E M E N T

 

 

 

 

 

 

Home                         Download material                         Contact us                         Privacy policy                         Link to us                         Advertise

Copyright © 2011