Accountancy, asked by yasminmann2017, 10 months ago

A and B admitted C into the partnership, their new profit sharing ratio being 5:4:3 assuming before admission the profit sharing ratio of A and B was equal, find out sacrificing ratio.

Answers

Answered by shivangi0614

Explanation:

use formula old ratio -new ration if the outcome is positive so that partner is sacrificing but if the outcome is negative that means partner is gaining in ur ques sacrificing ratio will be1:2

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A and B admitted C into the partnership, their new profit sharing ratio being 5:4:3 assuming before admission the profit sharing ratio of A and B was equal, find out sacrificing ratio.​

Answers

A and B admitted C into the partnership, their new profit sharing ratio being 5:4:3 assuming before admission the profit sharing ratio of A and B was equal, find out sacrificing ratio.