In which ratio do the remaining partners acquire the share of profit of the retiring or deceased partner? (C.B.S.E. 2017, 2018 Comptt.) Post category:Accountancy Reading time:1 mins read SOLUTION Remaining partners acquire the share of profit of the retiring partner in 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 of a partner, state the condition when there is no need to compute the gaining ratio. Next PostRamesh wants to retire from the firm. The profit on revaluation on that date Was Rs. 12,000. Mohan and Rahul want to share this in their new profit-sharing ratio 3: 2. Ramesh wants this shared equally. How is this profit to be shared? You Might Also Like Differentiate between ‘Equity Share’ and Debenture on the basis of risk involved. (C.B.S. E. Sample Paper. 2019). September 29, 2022 Mohit, Shobhit and Rohit are partners sharing profits and losses in the ratio 2: 1: 1. Rohit is guaranteed n profit of Rs. 14,000. The firm earned a profit of Rs. 20,000 during the year. Calculate the amount of deficiency borne by Mohit and Shobhit. (C.B.S.E. 2020; Punjab) September 26, 2022 State the ratio in which the old partners share the amount of cash brought in by the new partner as premium for goodwill. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Differentiate between ‘Equity Share’ and Debenture on the basis of risk involved. (C.B.S. E. Sample Paper. 2019). September 29, 2022
Mohit, Shobhit and Rohit are partners sharing profits and losses in the ratio 2: 1: 1. Rohit is guaranteed n profit of Rs. 14,000. The firm earned a profit of Rs. 20,000 during the year. Calculate the amount of deficiency borne by Mohit and Shobhit. (C.B.S.E. 2020; Punjab) September 26, 2022
State the ratio in which the old partners share the amount of cash brought in by the new partner as premium for goodwill. September 26, 2022