plz solve these question ???! Mr. R, Mr. S and Mr. K are partners sharing profits in the ratio 4:3:2. Mr. R retires; Mr. S and Mr. Kdecided to share profits in future in the ratio of 5:3. Calculate the Gaining Ratio.Mr. M, Mr. N and Mr. O are partners sharing profits in the ratio of 3/8, 1/2, 1/8. Mr. retires andsurrenders 2/3 of his share in favour of Mr. N and the remaining share in favour of Mr. O. Calculategaining ratio of the remaining partners.Mr. J, Mr. K, Mr. E and Mr. S are partners in a firm sharing profits and losses in the ratio of 2: 1: 2: 1.On Mr. J's retirement, the goodwill of the firm is valued at OMR. 36,000. Mr. K, Mr. E and Mr. Sdecided to share future profits equally. Calculate the gaining ratio of Mr. K,Mr. E and Mr. S.Mr. D, Mr. N and Mr. S were partners in a firm sharing profits in the ratio of 5: 3: 2. Mr. N retiredand the new profit sharing ratio between Mr. D and Mr. S was 2: 3. Calculate the gaining ratio ofMr. D and Mr. S.

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Answered: Calculate the Gaining Ratio.

Business

Accounting

Calculate the Gaining Ratio.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.

Question

plz solve these question ???!

Mr. R, Mr. S and Mr. K are partners sharing profits in the ratio 4:3:2. Mr. R retires; Mr. S and Mr. K
decided to share profits in future in the ratio of 5:3. Calculate the Gaining Ratio.
Mr. M, Mr. N and Mr. O are partners sharing profits in the ratio of 3/8, 1/2, 1/8. Mr. retires and
surrenders 2/3 of his share in favour of Mr. N and the remaining share in favour of Mr. O. Calculate
gaining ratio of the remaining partners.
Mr. J, Mr. K, Mr. E and Mr. S are partners in a firm sharing profits and losses in the ratio of 2: 1: 2: 1.
On Mr. J's retirement, the goodwill of the firm is valued at OMR. 36,000. Mr. K, Mr. E and Mr. S
decided to share future profits equally. Calculate the gaining ratio of Mr. K,Mr. E and Mr. S.
Mr. D, Mr. N and Mr. S were partners in a firm sharing profits in the ratio of 5: 3: 2. Mr. N retired
and the new profit sharing ratio between Mr. D and Mr. S was 2: 3. Calculate the gaining ratio of
Mr. D and Mr. S.

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