2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Change in Profit Sharing Ratio

  • question_answer
    The ratio in which one or more partners of the firm forego, i.e., sacrifice their share of profits in favour of one or more partners of the firm is known as:

    A) Sacrificing ratio

    B) Gaining ratio

    C) No change in ratio

    D) Either a. or b.

    Correct Answer: A

    Solution :

    [a] Sacrificing ratio


You need to login to perform this action.
You will be redirected in 3 sec spinner