9. X, Y and Z are partners sharing profits in the ratio of 3:2:1. Y retired from the firm. New profit
sharing ratio is decided to be 5:1. For the adjustment of Goodwill, Accountant has calculated
Gaining ratio as 2:3. Is the Accountant correct?
(1)
Answers
Answered by
2
Answer:
No the accountant is not correct as the gaining ratio is 2:0
Explanation:
Answer is in the above attachment
Hope it helps you
Please Mark as brainliest answer
Attachments:
Similar questions