Accountancy, asked by paporirai2936, 19 days ago

Change In Existing Profit Sharing Ratio

Answers

Answered by DhriRathi

Answer:

Explanation:

Without any admission or retirement of the partner, sometimes the partners may decide to change their existing profit sharing ratio. The partners who are in profit due to this change should compensate the sacrificing partner/partners in the profit sharing ratio

Answered by vm224490

Answer:

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