Accountancy, asked by snakiba123, 8 months ago

the ratio which existing partners are benefited ___​

Answers

Answered by rajugurubavani777
0

Answer:

State the ratio in which the partners share accumulated profits when there is a change in the profit-sharing ratio among existing partners.

Explanation:

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Answered by rishabpatyalp3vcbf
0

Answer:

there are two types of ratio

sacrifice ratio

gaining ratio

sacrifice ratio is used to transfer the benifit of goodwill to old parents when new partner come into the business

gaining ratio is used to transfer the benefits of goodwill to retiring partner

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