Accountancy, asked by reetmandal123, 1 year ago

Give any three distinctions between sacrificing ratio and gaining ratio.
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Answered by Anonymous

Answer:

It is the Ratio by which the Remaining Partners Acquire the Outgoing (Retired or Deceased) Partner's Share. Sacrificing Ratio is Calculated at the Time of the Admission of a New Partner. Gaining Ratio is Calculated at the Time of the Retirement or Death of a Partner.

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