garner vs murray

hiii, i did that last year and right now i have no questions on that and without questions i can't tell u the exect answer but,

there are several reasons 4 that:

1. the opening capital ratio and agreed capital ratio may be the same or come out to be same.

2. the other solvent partners exept one may have defficiency in their capital a/c.

3. there may be no such an item which influence the ratio.

4. and the important one is if all of the abouve situations are not relevent than the solution may be wrong in the book, last year in my book also there were a lot of mistakes.

So don't get confused "USE LAST AGREED RATIO"

Take Care !

So...

As sch, i dnt have that compilation wid me... I'd of 2nd grup subj. only....

But anywz, it seems the LAST AGREED CAPITAL.... compilation may hav wrong suggestion as suggested by HARSHIT... My Costing compilation had too many... So go wid LAST AGREED....