In which ratio do the remaining partners acquire the share of profit of the retiring partner? (Delhi 2018 C) Post category:Accountancy Reading time:1 mins read SOLUTION The remaining partners acquire the share of profit of retiring partner in their gaining 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 PostAt the time of retirement, how is the new profit-sharing ratio among the remaining partners calculated? (CBSE 2019 C) Next PostWhy does a firm revaluate its assets and reassess its liabilities on retirement or death of a partner? (Foreign 2014) You Might Also Like Give one point of distinction between Authorised Capital and Issued Capital. September 28, 2022 State any two reasons for the preparation of ‘Revaluation Account’ in case of admission of a Partner? (CBSE Sample Paper 2018) October 8, 2022 Sure Ltd. purchased a running business from M/s. Rai Brothers for a sum of Rs. 15,00,000 payable Rs. 12,00,000 in fully paid shares of Rs. 10 each and balance through cheque. July 14, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State any two reasons for the preparation of ‘Revaluation Account’ in case of admission of a Partner? (CBSE Sample Paper 2018) October 8, 2022
Sure Ltd. purchased a running business from M/s. Rai Brothers for a sum of Rs. 15,00,000 payable Rs. 12,00,000 in fully paid shares of Rs. 10 each and balance through cheque. July 14, 2022