Accountancy, asked by tanishabagde29, 10 months ago

(
a & B are sharing pr. and losses
equally with
effect
from 1st
April 2019 they agree
share
profit in ratio of 4:3 calculate
individual
partner gain or sacrifice due to change in ratio​

Answers

Answered by ankurankur17978
0

Answer:

Gaining ratio or sacrificing ratio will be calculated as:

Gaining/(Sacrificing Ratio) = New Ratio - Old Ratio

Therefore:                    

For A =  4/7 - 1/2

          =   8 - 7

                14

         = 1/14  Gaining Ratio

 For B =  3/7 - 1/2

          =   6 - 7

                14

         = 1/14  Sacrificing Ratio 

Explanation:

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