State any one difference between Sacrificing Ratio and Gaining Ratio. (C.B.S.E. 2020 C) Post category:Accountancy Reading time:1 mins read SOLUTION Sacrificing Ratio is calculated at the time of admission of a new partner, whereas Gaining Ratio is calculated at the time of retirement or death of a partner. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhy does a firm revaluate its assets and reassess its liabilities on retirement or death of a partner? (Foreign 2014) Next PostWhy heirs of retiring / deceased partner are entitled to share of goodwill of the firm? (Delhi 2014) You Might Also Like Name any two Companies are exempted from creating Redemption Reserve’ by the SEBI. September 30, 2022 What adjustments are required for decrease or increase in Trade Payables/bills payable while calculating ‘Cash flow from operating activities’? October 4, 2022 Sundry’ Creditors Rs. 2,50,000 and Bills Payable Rs. 35,000 have been transferred to the Credit side of Realisation Account. Sundry Creditors were paid at a discount of 10%. What would be the further treatment if nothing else is mentioned? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Name any two Companies are exempted from creating Redemption Reserve’ by the SEBI. September 30, 2022
What adjustments are required for decrease or increase in Trade Payables/bills payable while calculating ‘Cash flow from operating activities’? October 4, 2022
Sundry’ Creditors Rs. 2,50,000 and Bills Payable Rs. 35,000 have been transferred to the Credit side of Realisation Account. Sundry Creditors were paid at a discount of 10%. What would be the further treatment if nothing else is mentioned? September 27, 2022