Advertisement Remove all ads

When is Gain Ratio Required to Be Calculated ? - Book Keeping and Accountancy

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads

When is gain ratio required to be calculated ?

Advertisement Remove all ads

Solution

Gain ratio is required to be calculated in case of retirement of partner, when goodwill is raised equal to share of retiring partner and written off.

Concept: Retirement Or Death of a Partner - Gain Ratio
  Is there an error in this question or solution?

APPEARS IN

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×