Vidyalelo
Commerce · Q971

Accounting

Graduate and Post Graduate · Commerce · question 971

Q971

At the time of retirement of a partner, the adjustment of goodwill is done, in which ratio?

A.
Old profit sharing ratio
B.
Gaining ratio
Answer
C.
Sacrificing ratio
D.
New profit sharing ratio

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board