Advertisements
Advertisements
Question
At the time of admission of a new partner, Which adjustments are required:
Options
Calculation of new profit sharing ratio and sacrificing ratio.
Accounting treatment of Goodwill.
Accounting treatment of accumulated profit.
All of the options
MCQ
Solution
Calculation of new profit sharing ratio and sacrificing ratio.
shaalaa.com
Retirement and Death of a Partner - Calculation of New Profit Sharing Ratio
Is there an error in this question or solution?
