Gaining & Scarificing Ratio

In this sesssion we will learn to calculate gaining & scarificing ratio for the partnership chapter of Accounts. Unless we know the calculation of these ratios we cannot allocate the amount the partner respectively. This is very basic calculation of partnership chapter but it is most vital as most of the students make mistake and loose marks for silly mistake.

Apart from it students cannot correctly allocate the amount of goodwill if these ratios are not known by the students or if there's any mistake in calculation of these ratios.

Different approaches are used to calculate the gaining and scarificing ratio depending on the data provided in the question. One cannot simply learn the formula and calculate these ratios. Therefore it is very essential to go all the types of questions that can come in exam so that student has clarity of how to solve the question with ease and with minimum effort.

Hence, I request student to kindly attend the session so that you get clarity of very basic but important concept of the partnership chapter of class 12th Accounts.

Thank You.

Hope it will benefit all the students who attend such sessions.