Accountancy, asked by sharmaaryasml02, 4 months ago

what is the old ratio

Answers

Answered by TheOceanicArnab
0

Explanation:

It is the ratio in which old partners agree to sacrifice their share of profit in favour of new partners/partner. It is the ratio in which continuing partner acquires the share of profit from outgoing partner/partner.

Answered by safinazaheer
1

Answer:

It is the ratio in which old partner agrees to sacrifice their share of profit in favour of new partner.

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