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 State the reason why a partner’s wife loan is transferred to Realisation A/c? September 27, 2022 Name the method of calculating interest on Drawings of the Partners if the different amounts are withdrawn on different dates. September 26, 2022 What do you mean by Convertible Preference Shares? September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Name the method of calculating interest on Drawings of the Partners if the different amounts are withdrawn on different dates. September 26, 2022