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प्रश्न
Distinguish between sacrificing ratio and gaining ratio.
Distinguish between sacrificing ratio and gaining ratio in the context of partnership accounting without giving an example.
फरक स्पष्ट करा
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उत्तर
| Basis of Difference | Sacrificing ratio | Gaining Ratio |
| Meaning | It is the ratio in which old partners agree to sacrifice their share of profit in favour of new partners/partner. | It is the ratio in which continuing partner acquires the share of profit from outgoing partner/partner. |
| Calculation | Sacrificing Ratio = Old Ratio – New Ratio | Gaining Ratio = New Ratio – Old Ratio |
| Time | It is calculated at the time of admission of new partners/partner. | It is calculated at the time of retirement/death of old partners/partner. |
| Objective | It is calculated to ascertain the share of profit and loss given up by the existing partners in favour of new partners/partner. | It is calculated to ascertain the share of profit and loss acquired by the remaining partners (of the new firm in case of retirement) from the retiring or deceased partner. |
| Effect | It reduces the profit share of the existing partners. | It increases the profit share of the remaining partners. |
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