Give the formula for calculating Gaining Ratio of a partners in a partnership firm. Post category:Accountancy Reading time:1 mins read SOLUTION Gaining Ratio = New Ratio – Old Ratio. 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 PostDefine Gaining Ratio? Next PostWhat is meant by Gaining Partners? You Might Also Like Assuming That the Debt-to-Equity Ratio is 2 : 1, state giving reasons, which of the following transactions would (i) increase; (ii) Decrease; (iii) Not alter Debt to Equity Ratio: (i) Issue of new shares for cash. (ii) Conversion of debentures into equity shares (iii) Sale of a fixed asset at profit. (iv) Purchase of a fixed asset on long-term deferred payment basis. (v) Payment to creditors. August 12, 2022 List any two items that need adjustments in books of account of a firm at the time of admission of a partner. (A1 2014 C) October 8, 2022 Calculate Gross Profit Ratio from the following data: Average Inventory Rs. 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables Rs. 4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales. August 17, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Assuming That the Debt-to-Equity Ratio is 2 : 1, state giving reasons, which of the following transactions would (i) increase; (ii) Decrease; (iii) Not alter Debt to Equity Ratio: (i) Issue of new shares for cash. (ii) Conversion of debentures into equity shares (iii) Sale of a fixed asset at profit. (iv) Purchase of a fixed asset on long-term deferred payment basis. (v) Payment to creditors. August 12, 2022
List any two items that need adjustments in books of account of a firm at the time of admission of a partner. (A1 2014 C) October 8, 2022
Calculate Gross Profit Ratio from the following data: Average Inventory Rs. 3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables Rs. 4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales. August 17, 2022
