Accountancy, asked by suneetmehta8, 9 months ago

What is ganing Ratio​

Answers

Answered by Anonymous
1

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Gaining Ratio. Gaining ratio is calculated at the time of retirement or death of a partner. It is the ratio in which the remaining partners acquire the outgoing partner's share of profit. When the partner retires, the profit sharing ratio of the continuing partners gets changed.

Answered by nita31121983
0

Answer:

Explanation:

Gaining ratio is the difference between new and old ratio.

Therefore gaining ratio=new ratio-old ratio

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