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
    Gaining Ratio:

    A) New Ratio - Sacrificing Ratio

    B) Old Ratio - Sacrificing Ratio

    C) New Ratio - Old Ratio

    D) Old Ratio - New Ratio

    Correct Answer: C

    Solution :

    [c] New Ratio - Old Ratio


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