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What do you understand by gaining …

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What do you understand by gaining ratio?

    • Posted by Diya Patel 6 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Sia ? 6 years, 6 months ago

    Gaining Ratio is the ratio by which the share of remaining or continuing partners increases, when one or more partners retire from the firm. It is computed by deducting old ratio from the new ratio.

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