Accountancy, asked by sahilsinghjosan, 5 months ago

what is gaining ratio how it is calculated ​

Answers

Answered by Anonymous
0

Hii buddy

Gaining ratio is computed during the death or retirement of a partner. It is the ratio in which the existing partners obtain the profit portion of the departing partner's. ... Usually, the continuing partners obtain the share of the retiring/dead partner from their old profit sharing ratio.

Similar questions