On retirement of a partner, his share of goodwill is written off among continuing partners in there :
A. New Profit-sharing Ratio
B. New Capital Ratio
C. Gaining Ratio
D. None of these
Answer:C
On retirement of a partner, his share of goodwill is written off among continuing partners in there :
A. New Profit-sharing Ratio B. New Capital Ratio C. Gaining Ratio D. None of these