Accountancy, asked by naincy59, 1 year ago

what do you mean by gaining ratio?

Answers

Answered by Anonymous
5
HEY.

U R ANSWER....

⏬⏬⏬⏬

PROFIT SHARING RATIO WHICH IS ACQUIRED BY THE SURVIVING OR CONTINUING PARTNER ON ACCOUNT OF RETIREMENT OF PARTNER IS CALLED....

MAYBE IT HELPS YOU ☺☺☺☺
Answered by Kusumsahu7
3
Hi here is your answer
Gaining ratiois a partnership term. it is a ratio that is calculated in the event of retirement or death of a partner. it is calculated as follows: Gaining Ratio = New share - Old share.
Hope its help u
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