Accountancy, asked by zinabby9368, 1 year ago

Define new profit sharing ratio in case of admossion of a partner

Answers

Answered by amt54321

1

Answer:

When a new partner is admitted, the partner acquires sharing profit from existing partner. ... Hence, the calculation of new profit sharing ratio becomes necessary. The ratio in which the existing partners agree to sacrifice their share of profits in favour of the incoming partner is called the sacrificing ratio.

Explanation:

Answered by rajkumarprasad7599

3

Answer: Hello here is your answer

Explanation:

When a new partner is admitted, the partner acquires sharing profit from existing partner. ... Hence, the calculation of new profit sharing ratio becomes necessary. The ratio in which the existing partners agree to sacrifice their share of profits in favour of the incoming partner is called the sacrificing ratio.

Hope its helpfull to you

Plz mark me brainliest

Previous Question

Next Question

Similar questions

English, 6 months ago

o al news see wcos (bank man Rohit and happen to - e sofalarity of lucian handical Liliatky alon ou lacle of a wide de artis letter to the the ditor of the difficulties Mhey i and the steps to be taken to soloe Shut heoblows. Using on the leten go newspaper about Joan 350 soods- Information below and in not write 4 Ho rocure Indian Handice alle Bought Aftor. Now Delhi lidian lean dice alt are in...

Math, 6 months ago

a coin is tossed three times the number possible outcome is 3...

Hindi, 6 months ago

प्रश्न 3 रा पुढील कविता वाचून त्याखालील प्रश्नांची उत्तरे तुमच्या शब्दात लिहा. गोपनारी हिरकणी गडा गेली दूधधालाया, परत झाठी निघाली पायथ्याशी वसे तिचे गाव शिवप्रभूचा निबंध एक होता तोफ व्हावी अस्तास सूर्य जाना सर्व दरवाजे अचूक बंद व्हावे कुठे कोणा जाऊ नयेऊ दयावे. १) गडावर कोण गेली? २) तोफ केव्हा होत होती? 3) दरवाजे केव्हा बंद होत होते ? ४) शिवप्रभु म्हणजे कोण होते ? ५) शिवप्रभूनी कोणता निबंध घातला...

English, 1 year ago

Central idea of the poem The Heart of the Tree...

English, 1 year ago

Trance of Waiting Summary and Analysis...

Math, 1 year ago

l is parallel to m find the angles x,y and z.

Sociology, 1 year ago

what is the difference between IOS and Android...

Math, 1 year ago

mahesh marks his goods at such a price that after allowing 10% discount for cash payment he still gains 5%. find the marked of a table fan which costs Rs. 450...