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How is the gaining ratio calculated when a partner retires?

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MCQ_SA

Single Answer MCQ

Q-00082262

Old ratio minus new ratio

New ratio minus old ratio

It is not necessary to calculate gaining ratio

Equal distribution among partners

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Explain the treatment of goodwill at the time of retirement or on the event of death of a partner.

Q3.

How will you compute the amount payable to a deceased partner?

Q4.

Discuss the various methods of computing the share in profits in the event of death of a partner.