CUET Preparation Today
On retirement/death of a partner, the remaining partner(s) who have gained due to change in profit sharing ratio should compensate the: |
Retiring partner only Remaining partners only who have sacrificed. Remaining partners only who have gained. Remaining partners who have sacrificed as well as retiring partner. |
Remaining partners who have sacrificed as well as retiring partner. |
The correct answer is Option (4) → Remaining partners who have sacrificed as well as retiring partner. |
