CBSE BOARD XII, asked by arnavraj84, 2 months ago

what is meant by change in profit- sharing ratio?​

Answers

Answered by shatakshigupta05
3

Answer:

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Answered by girlherecrazy
1

Answer:

A change in profit-sharing ratio among partners means sharing the profits or losses in a new ratio in place of the old ratio. It implies the purchase of share of profit by one partner from another partner.

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