Give the formula for calculating ‘gaining share’ of a partner in a partnership firm. Post category:Accountancy Reading time:1 mins read SOLUTION Gaining Share = New Profit Share- Old Profit Share. 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 do we calculate Gaining Ratio? Next PostGive two circumstances in which the Gaining Ratio is computed. You Might Also Like State the closing entries for: (a) rent paid to a partner; (b) interest on loan allowed to partners. September 26, 2022 Short term investments are not considered while preparing cash flow statement. Why? (C.B.S.E. 2017) October 6, 2022 While preparing Cash Flow’ Statement of Sharda Ltd. ‘Depreciation provided on fixed assets’ was added to net profit to calculate cash flow from operating activities. Was the accountant correct in doing so? Give reason. October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State the closing entries for: (a) rent paid to a partner; (b) interest on loan allowed to partners. September 26, 2022
Short term investments are not considered while preparing cash flow statement. Why? (C.B.S.E. 2017) October 6, 2022
While preparing Cash Flow’ Statement of Sharda Ltd. ‘Depreciation provided on fixed assets’ was added to net profit to calculate cash flow from operating activities. Was the accountant correct in doing so? Give reason. October 6, 2022