Garner vs Murry Rule (One Partner Insolvency) ~ Dissolution of Partnership Firm [For B.Com/CA/CS]

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Explained the famous 'Garner vs Murry' case of one partner insolvency in relation to Dissolution of Partnership Firm.
Student can watch following more lectures related with the same topoic :
1. Insolvency of Firm (Introduction) ~ Dissolution of Partnership Firm :
• Insolvency of Partners...
2. Dissolution of Partnership Firm (Introduction) :
www.youtube.co....
3. Dissolution (Miscellaneous) -
www.youtube.co....
4. Dissolution (Miscellaneous Adjustments) -
www.youtube.co....
5. Dissolution (All Partner Insolvency) -
www.youtube.co....

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Garner vs Murray case study stars from 12:00

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So thank you sir

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[@M.M.K_]

In dissolution , if one partner was declared insolvent and 1/3 amount due could be recovered from his private state then how to find 1/3 amount ?

[@785gshubhamsuvarna2]

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great explaination sir i was in so much doubt about that proving insolvency figure now i got it cleared

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The case garner vs Murray starts from 11:40

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What should be treatment if there is realisation gain

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are these 6 videos enough for dissolution for inter july21 exams ?

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Sir please make a video on piecemeal distribution of cash

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[@subhamkumarkanu1]

Sir,
What if two partners get insolvent and the 1st on doesn't have the amount to bear the deficiency.

[@raghav3857]

In that case it becomes the case of firm insolvency

[@karanpandey1452]

Thanks Sir, I watch your video and solvemy question....

[@soumyabishi3600]

Wilson was the name of the insolvent partner.

[@mayankranjan07]

Thanks sir jee,sir I have a question that what will be the the treatment when that is mentioned in the question , necessary amount will be brought by a particular partner.

[@CANareshAggarwal]

Treatment depends upon few factors but in most cases it represent that other partners are insolvent.

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[@ishanipatel138]

sir.
if two types of capital are available, then what 's the ratio will be taken in the distributio of insolvancy loss..?

[@CANareshAggarwal]

Use ratio based on fixed capital account

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Realisation A/C me agar profit hoga to partners capital me cash ko kaise disturb karenge

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Sir This was Fixed capital method questions or Fluctuating capital method question ??

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Fluctuating capital method

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Fluctuating

[@manishpandey2702]

Sir hame ye kese pata chalega ki solvent partner ke paas paise h khud ke loss ko chukaane ke liye aur insolvent partner ke paise dene ke liye.

[@CANareshAggarwal]

Unless question state otherwise it is assumed that partner has sufficient funds.

[@manishpandey2702]

Thank-you sir.

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Awesome explanation sir

[@chalkhelbhai7692]

agar creditors ka balance sheet ke niche kuch nahi diya ho to creditors ka balance realisation account ke debit side likhege please help me sir

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Garner ,murrey and wilkins

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Some video on B.COM (H)