A, B and C were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. B retired and his share was taken over by A and C equally. Calculate the gaining ratio. (C.B.S.E. 2019) Post category:Accountancy Reading time:1 mins read SOLUTION Gaining Ratio of A and C is 1: 1 as they have taken over B’s Share equally. 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 PostGive two circumstances in which the Gaining Ratio is computed. Next PostNeetu, Meetu and Teetu were partners in a firm. On 1st January, 2018, Meetu retired. On Meetu’s retirement the goodwill of the firm was valued at Rs. 4,20,000. Pass necessary Journal entry for the treatment of goodwill on Meetu’s retirement. (Delhi and A1 2018) You Might Also Like Balance Sheet had the following amounts as at 31st March, 2019: August 12, 2022 What is the financial year in case of a Company? September 30, 2022 Stale any two situations when a firm is compulsorily dissolved. (C.B.S.E 2019, M. P.) September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Stale any two situations when a firm is compulsorily dissolved. (C.B.S.E 2019, M. P.) September 27, 2022
