English

The ratio in which the remaining partners acquire the retiring partner's share is called ______.

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Question

The ratio in which the remaining partners acquire the retiring partner's share is called ______.

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Solution

The ratio in which the remaining partners acquire the retiring partner's share is called gaining ratio.

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Chapter 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [Page 4.158]

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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 (C) 2. | Page 4.158
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