Accountancy, asked by junaidanoufia, 2 months ago

X,Y and Z are partners sharing profits in the ratio of5:3:2 . calculate gaining or sacrificing share if X,Y and Z decide to share future profits and losess equally​

Answers

Answered by kumarikhushi9479732
0

Answer:

Gaining ratio or sacrificing ration will be calculated as:

Gaining/Sacrificing Ratio = New Ratio - Old Ratio

Therefore:

For X = 1/3 - 5/10

= 10 - 15

30

= - 5/30 Sacrificing Ratio

For Y = 1/3 - 3/10

= 10 - 9

30

= 1/30 Gaining Ratio

For Z = 1/3 - 2/10

= 10- 6

30

= 4/30 Gaining Ratio

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