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easyMCQCUET Accountancy2026Accountancy
1 mark

Gaining share of Continuing Partner =

  1. A
    Old share - New share
  2. B
    New share + old share
  3. C
    New share – Old share
  4. D
    Old Share + Sacrifice share

Solution & Step-by-step Explanation

The gaining share of a continuing partner measures how much their profit share increases after another partner retires or passes away. It is calculated as:

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Gaining share of Continuing Partner =
A
Old share - New share
B
New share + old share
C
New share – Old share
D
Old Share + Sacrifice share

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PartnershipRetirement/DeathGaining Share Formula

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