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What is the main difference between sacrificing ratio and gaining ratio?

Answer and explanation

Correct answer: In sacrifice share decreases and in gain share increases

Sacrifice is important for goodwill compensation on admission. Gaining ratio is mostly used in retirement or death.

Related tags

Sacrificing RatioGaining RatioConceptGoodwill AccountingReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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