Accountancy, asked by guptaditya009, 29 days ago

CALCULATION OF NEW PROFIT SHARING RATIU
1. (New Profit Sharing Ratio) X, Y and Z are partners 3:1:6. X retires. Calculate new
ratio
[Ans. 1:6]
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Answers

Answered by akumarjha187
2

Answer:

in case of only old ratios and retiring partner is given

then, old ratios of remaining partner becomes new ratio and gaining also

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