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At the time of admission of a partner, a new ratio will be calculated by: -

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Question

At the time of admission of a partner, a new ratio will be calculated by:

Options

  • Old Ratio – New Ratio

  • New Ratio – Old Ratio

  • Old Ratio – Sacrifice Ratio

  • Old Ratio + Sacrifice Ratio

MCQ

Solution

Old Ratio – Sacrifice Ratio

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Admission of a New Partner
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