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How is the gaining ratio calculated at the time of the retirement of a partner? - Accounts

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प्रश्न

How is the gaining ratio calculated at the time of the retirement of a partner?

लघु उत्तरीय
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उत्तर

At the time of retirement of a partner, the gaining ratio is calculated by subtracting the old share of each continuing partner from their new share. The formula is:

Gaining Ratio = New Share – Old Share

This ratio shows how much of the retiring partner’s share each continuing partner is gaining. It is used to adjust goodwill and other revaluation profits among the partners.

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अध्याय 4: Retirement or Death of a Partner - SHORT ANSWER QUESTIONS [पृष्ठ ४.१२७]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 4 Retirement or Death of a Partner
SHORT ANSWER QUESTIONS | Q 3. (ii) | पृष्ठ ४.१२७
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