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Question
The ratio which is computed to determine the sacrifice of the old partners made in favour of new partner which is admitted into partnership is ______.
Options
Gaining Ratio
Old Profit Sharing Ratio
New Profit Sharing Ratio
Sacrificing Ratio
MCQ
Fill in the Blanks
Solution
The ratio which is computed to determine the sacrifice of the old partners made in favour of new partner which is admitted into partnership is Sacrificing Ratio.
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Change in Profit Sharing Ratio Among the Existing Partners
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