On the retirement of a partner how is the profit-sharing ratio of remaining partners decided? Post category:Accountancy Reading time:1 mins read SOLUTION Profit sharing ratio of remaining partners is decided according to the mutual agreement among the remaining partners. 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 PostCan a retiring partner or Legal Representatives of a Deceased Partner claim a share in the subsequent profits of the firm. Next PostAt the time of retirement of a partner, state the condition when there is no need to compute the gaining ratio. You Might Also Like Current Assets of a company is are Rs. 5,00,000. Its Current Ratio is 2.5 : 1 and Quick Ratio is 1: 1. Calculate value of Current Liabilities, Liquid Assets and Inventory. August 12, 2022 From the following information, calculate Net Cash Flow from Operating Activities and Financing Activities: August 18, 2022 State two basis lor determination of Profits from the date oflast Balance Sheet to the date of death/retirement. September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Current Assets of a company is are Rs. 5,00,000. Its Current Ratio is 2.5 : 1 and Quick Ratio is 1: 1. Calculate value of Current Liabilities, Liquid Assets and Inventory. August 12, 2022
From the following information, calculate Net Cash Flow from Operating Activities and Financing Activities: August 18, 2022
State two basis lor determination of Profits from the date oflast Balance Sheet to the date of death/retirement. September 27, 2022