Madhu, Neha and Tina are partners sharing profits in the ratio of `5:3:2`. Calculate new profit sharing ratio and gaining ratio if
1. Madhu retires
2. Neha retires
3. Tina retires.

A, B and C are the partner sharing profits in the ratio 3 : 2 : 1 , C retires . What will be the new profit - sharing ratio?

A and B are partners sharing profits in the ratio of 3 : 2. C is admitted as a partner. The new profit-sharing ratio among A, B and C is 4 : 3 : 2. Find out the sacrificing ratio.

A,B and C are the partners sharing profits in the ratio 3 : 2 : 1 , C retires , the new profit - sharing ratio is 3 : 2 . What will be the gaining ratio?

Deepa, Neeru and Shilpa were partners in a firm sharing profits in the ratio of 5 : 3 : 2 . Neeru retired and the new profit sharing ratio between Deepa and Shilpa was 2 : 3 . On Neeru's tetirement, the goodwill of the firm was valued at Rs. 1,20,000. Record necessary journal entry for the treatment of goodwill on Neeru's retirement.