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RP
Question Practice

If Amit and Gagan gain shares in the ratio of 1:2 after Dinesh's retirement, what does this imply?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

If Amit and Gagan gain shares ...

Single Answer MCQ
Q-00082235

If Amit and Gagan gain shares in the ratio of 1:2 after Dinesh's retirement, what does this imply?

1

Amit gains 1/3 of Dinesh's share.

2

Gagan gains more than Amit.

3

Gagan's new share is larger than Amit's.

4

All statements are correct.

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Q1.

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Q3.

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

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Q4.

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

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