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Match the following items: (i) A, B and C are partners sharing in 5 : 3 : 2. B retires and the new ratio between A and C is 4 : 1. Which partners gain?

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Question

Match the following items:

(i) A, B and C are partners sharing in 5 : 3 : 2. B retires and the new ratio between A and C is 4 : 1. Which partners gain? (a) A and B both gain
(ii) A, B and C are partner sharing in 6 : 4 : 5. B retires and new ratio between A and C is 2 : 3. Which partners gain? (b) Only A gains
    (c) Only C gains
    (d) A and B both sacrifice.
Match the Columns
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Solution

(i) A, B and C are partners sharing in 5 : 3 : 2. B retires and the new ratio between A and C is 4 : 1. Which partners gain? (b) Only A gains
(ii) A, B and C are partner sharing in 6 : 4 : 5. B retires and new ratio between A and C is 2 : 3. Which partners gain? (c) Only C gains
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Chapter 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [Page 4.161]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 4 Retirement or Death of a Partner
OBJECTIVE TYPE QUESTIONS | Q (D) 14. | Page 4.161
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