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Liquidation of companies
Accountancy
Please explain how the ratio 2:7:10 is taken in the answer on 15-3-2019 and 2:10 on 5-4-2019
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In this sum they have mentioned that G has died and in that place his son X taken shares of G so X is list A contributor . So his liability continues till the end as he is active member. That is the reason why his share is also taken into ratio i.e. 2:7:10 or 2:10
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