Question

ratio is used to distribute accumulated profits and losses at the time of admission of. a new partner​

Answer 1

Answer:

hope it's helpful to you

Explanation:

When the existing partners of a partnership firm agree to change the share of profit among themselves. 2. When a new partner is admitted in the partnership firm and the amount of the goodwill brought by him/her is transferred among the old partners in sacrificing ratio of the old partners.

Answer 2

Answer:

old ratio is used to distribute accumulated profits and losses at the time of new partner in the admission of new partner