Question

in piecemeal distribution according to surplus capital method final deficit of each partners
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Answer 1

Answer:

All the liabilities and partners' capital accounts balances can be paid ... ration and final deficit will also be in the same ratio. ... Surplus Capital method or Proportionate Capital Method

Explanation:

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Answer 2

Answer:

According to Surplus Capital Method in Piecemeal distribution, a final deficit of each partner will be in the ratio of profit and loss.

Explanation:-

• Surplus Capital Method is also known as  Highest Relative Capital Method, Quotient Method, or Excess Capital Method.
• The capitals are initially compared to the profit share ratio in this method.
• Excess capital is paid first (actual capital less capital proportionate to the profit-sharing ratio).