Question

At the time of Retirement of a partner, the existing goodwill appearing in the balance sheet of the firm is written off by debiting capital accounts of old partners in. Options = a=Old profit sharing ratio b= New profit sharing ratio C= Gaining ratio D= Sacrifice ratio​

Answer 1

Answer:

At the time of retirement of partner, the existing goodwill appear in the balance sheet is written off in old profit sharing ratio among the all partner including retiring partner

Explanation:

Don't forget to make me branilist