Do you agree or disagree: Gain ratio is calculated at the time of admission of new partner.
Q.1 (D) (4) Do you agree or disagree: Gain ratio is calculated at the time of admission of new partner.
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Answer: Disagree
Gain ratio is calculated at the time of retirement or death of a partner, when the continuing partners gain his share. At the time of admission the sacrifice ratio of the old partners is calculated.
Doubtly AI
· 28 Oct 2026
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