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AP
Question Practice

In what ratio do guaranteeing partners typically bear the deficiency?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Accounting for Partnership: Ba...
Question Bank

In what ratio do guaranteeing ...

Single Answer MCQ
Q-00082044

In what ratio do guaranteeing partners typically bear the deficiency?

1

Equal ratio among all partners

2

In the ratio of their capital contributions

3

In the agreed profit sharing ratio

4

By determining it through voting

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Q4.

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