wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Objective Questions :
Answer in one Sentence :

When is gaining ratio required to be calculated?

Open in App
Solution

Gaining ratio needs to be calculated at the time of retirement or death of a partner for adjusting the retiring (or deceased) partner’s share of goodwill.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Retirement of a Partner- I
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon