# Question 04 Chapter 6 of +2-A – T.S. Grewal 12 Class Part – A Vol. 1

Question No.04 Chapter No.6 - T.S. Grewal +2 Book 2019-Solution

Question 04 Chapter 6 of +2-A

04. A, B and C were partners sharing profits in the ratio of 4 : 3 : 2. A retires, assuming B and C will share profits in the ratio of 2 : 1. Determine the gaining ratio

## The solution of Question 04 Chapter 6 of +2-A: –

a

Old Ratio A ,B and C = 4 : 3 : 2
New Ratio BandC = 2 : 1
Gaining Ratio New Ratio − Old Ratio

 B’s Gain = 2 – 3 3 9
 = 6 – 3 9
 = 3 9

 C’s Gain = 1 – 2 3 9
 = 3 – 2 9
 = 1 9

∴Gaining Ratio = 3 : 1

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

• Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
• Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
• Chapter No. 3 – Goodwill: Nature and Valuation
• Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
• Chapter No. 5 – Admission of a Partner
• Chapter No. 6 – Retirement/Death of a Partner
• Chapter No. 7 – Dissolution of a Partnership Firm

### T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

• Chapter No. 1 – Financial Statements of a Company
• Chapter No. 2 – Financial Statement Analysis
• Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
• Chapter No. 4 – Accounting Ratios
• Chapter No. 5 – Cash Flow Statement