UNIT 6-Retirement And Death of a Partner

Course Description

2.Adjustments required on retirement of a partner
3.Distribution of accumulated profits, reserves and losses
4.Revaluation of assets and liabilities
5.Determination of new profit sharing ratio and gaining ratio
6.New profit sharing ratio
7.Gaining ratio
8.Difference between sacrificing ratio and gaining ratio

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  • Number of lessons : 0
  • Last Updated : 06/06/2022
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