Accountancy, asked by maheshwarih330, 6 hours ago

calculation of new profit method.​

Answers

Answered by gs7292610
0

Ans. When a new partner buys his/her share of profit from an old partner, the new profit sharing ratio of the former partner can be calculated by deducting the sacrifice made by the old partner from his/her existing share of profit.

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Answered by hariuthiras
1

Answer:

When a new partner buys his/her share of profit from an old partner, the new profit sharing ratio of the former partner can be calculated by deducting the sacrifice made by the old partner from his/her existing share of profit.

Explanation:

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