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 Premio Ltd. issued 50,000 Equity Shares of 7100 each at a premium of 750 per share, payable as follows:Rs. 100 per share on application; and Balance on Allotment. The issue was subscribed and shares were issues to the applicants. Pass the necessary Journal entries. July 13, 2022 Aparna, Manisha and Sonia are partners sharing profits in the ratio of 3 : 2 : 1. Manisha retired and goodwill of the firm is valued at Rs. 1,80,000. Aparna and Sonia decided to share future profits in the ratio of 3 : 2. Pass necessary Journal entries. August 3, 2022 What is the difference between ‘Operating Profit’ and ‘Net Profit’? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Premio Ltd. issued 50,000 Equity Shares of 7100 each at a premium of 750 per share, payable as follows:Rs. 100 per share on application; and Balance on Allotment. The issue was subscribed and shares were issues to the applicants. Pass the necessary Journal entries. July 13, 2022
Aparna, Manisha and Sonia are partners sharing profits in the ratio of 3 : 2 : 1. Manisha retired and goodwill of the firm is valued at Rs. 1,80,000. Aparna and Sonia decided to share future profits in the ratio of 3 : 2. Pass necessary Journal entries. August 3, 2022