Gaining share =
None of the above
Old ratio - sacrificing ratio
New ratio - old ratio
Old ratio - new ratio
Gaining share = New share - old share
The sacrificing partner’s capital account is debited with his/her share of goodwill and gaining partner’s capital account is credited in their gaining ratio.
Amit, Sumit, and Punit share profit and losses in the ratio of 2:3:1, respectively. Amit retires and the remaining partners decide to take Amit’s share equally. Calculate the gaining ratio.