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प्रश्न
Distinguish between sacrificing ratio and gaining ratio.
उत्तर
| Basis | Sacrificing ratio | Gaining ratio |
| 1. Meaning | It is the proportion of the profit which is sacrificed by the old partners in favor of new partners. | It is the proportion of the profit which is gained by the continuing partners from the retiring partner. |
| 2. purpose | It is calculated to determine the amount to be adjusted towards goodwill for the sacrificing partner. | It is calculated to determine the amount to be adjusted towards goodwill for the gaining partner. |
| 3. Time of Calculation | It is calculated at the time of admis¬sion of a new partner. | It is calculated at the time of retirement of a partner. |
| 4. Method of Calculation | It is the difference between the old ratio and the new ratio | It is the difference between the new ratio and the old ratio. |
| Sacrificing ratio = old profit sharing ratio – New profit sharing ratio | Gaining ratio = New profit sharing ratio – Old profit sharing ratio |
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संबंधित प्रश्न
A, B and C are partners sharing profits in the ratio of 4:2:3. C retires. The new profit sharing ratio between A and B will be ______.
X, Y and Z were partners sharing profits and losses equally. X died on 1st April 2019. Find out the share of X in the profit of 2019 based on the profit of 2018 which showed ₹ 36,000.
What is gaining ratio?
What is the purpose of calculating gaining ratio?
Kayal, Mala and Neela are partners sharing profits in the ratio of 2:2:1. Kayal retires and the new profit sharing ratio between Nila and Neela is 3:2. Calculate the gaining ratio.
Sunil, Sumathi and Sundari are partners sharing profits in the ratio of 3:3:4. Sundari retires and her share is taken up entirely by Sunil. Calculate the new profit sharing ratio and gaining ratio.
Ramu, Somu and Gopu are partners sharing profits in the ratio of 3:5:7. Gopu retires and the share is purchased by Ramu and Somu in the ratio of 3:1. Find the new profit sharing ratio and gaining ratio.
Navin, Ravi and Kumar are partners sharing profits in the ratio of 1/2, 1/4 and 1/4 respectively. Kumar retires and his share is taken up by Navin and Ravi equally. Calculate the new profit sharing ratio and gaining ratio.
Mani, Gani and Soni are partners sharing the profits and losses in the ratio of 4:5:6. Mani retires from the firm. Calculate the new profit sharing ratio and gaining ratio.
Saran, Arun, and Karan are partners in firms sharing profits and losses in the ratio of 4:3:3. The balance sheet as of 31.12.2016 was as follows:
| Liabilities | ₹ | Assets | ₹ | ||
| Capital accounts: | Buildings | 60,000 | |||
| Saran | 60,000 | 1,50,000 | Machinery | 40,000 | |
| Arun | 50,000 | Investment | 20,000 | ||
| Karan | 40,000 | Stock | 12,000 | ||
| Creditors | 35,000 | Debtors | 25,000 | 24,000 | |
| General reserve | 15,000 | Less: Provision for bad debts | 1000 | ||
| Cash at bank | 44,000 | ||||
| 2,00,000 | 2,70,000 |
Karan retires on 1.1.2017, subject to the following conditions:
- Goodwill of the firm is valued at ₹ 21,000 %
- Machinery to be appreciated by 10%
- Building to be valued at ₹ 80,000
- provision for bad debts to be raised to ₹ 2,000
- Stock to be depreciated by ₹ 2,000
- The final amount due to Karan is not paid immediately.
Prepare the necessary ledger accounts and show the balance sheet of the firm after retirement.
