The profit or loss on revaluation will be transferred to partner's capital account including the retiring partner in the O a Gaining ratio O Old profit sharing ratio O Sacrificing ratio O d New profit sharing ratio 2 In case of the representatives of the deceased partners are entitled to receive his profits: 1 utot a. Retirement O b. Change in profit sharing ratio O c Death O d. Admission 3 Which ratio is calculated by taking out the difference between new profit sharing ratio and old profit sharing ratio? out of O a. Gaining ratio O b. Sacrificing ratio O c. All of these ratios are correct O d. Capital ratio