Accountancy, asked by snehamunday, 6 months ago

The sacrifice of old partner is equal to ? new - old, old- new, old, new, ​

Answers

Answered by piyu2635
0

The ratio in which the old partners agree to sacrifice their share in profit in favour of the incoming partner is called sacrificing ratio.The sacrifice by a partner is equal to:Old Share of Profit -New Share of Profit.

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