Question

how to calculate the gaining ratio at the time of retirement of a partner ​

Answer 1

Answer:

In this situation, we calculate the new profit sharing ratio of the remaining partners by simply removing the retiring partner's share.

1. Gaining Ratio = New Ratio – Old Ratio.
2. New Ratio = Old Ratio + Gain.
3. Gaining Ratio = Retiring partner's share x Acquisition Ratio.
4. New Ratio = Old Ratio + Gaining Ratio.

Hope this will help u

Answer 2

Answer:

In this situation, we calculate the new profit sharing ratio of the remaining partners by simply 1.removing the retiring partner's share.

2.Gaining Ratio = New Ratio – Old Ratio.

3.New Ratio = Old Ratio + Gain.

4.Gaining Ratio = Retiring partner's share x 5.Acquisition Ratio.

6.New Ratio = Old Ratio + Gaining Ratio.

Explanation:

I hope it will help you thanks