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CBSE Notes 2011-2012 » XII-Accounts

# Reconstitution of A Partnership Firm

## Define gaining ratio. [Delhi 2008]

Define gaining ratio. [Delhi 2008]

## Give the formula for calculating gaining share of a partner in a partnership firm. [CBSE Sample Pape...

Give the formula for calculating gaining share of a partner in a partnership firm. [CBSE Sample Paper 2008]

## A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. B retires and the new profit shar...

A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. B retires and the new profit sharing ratio between A and C is 3 : 1 . State the gaining ratio. [AI2008C]

## X, Y and Z are equal partners. Z retires and goodwill of the firm is valued at Rs. 45,000. Pass jour...

X, Y and Z are equal partners. Z retires and goodwill of the firm is valued at Rs. 45,000. Pass journal entry for the treatment of goodwill on Z's retirement. [Delhi 2008C]