1
Question
On what occasions
sacrificing ratio is used?
On what occasions sacrificing ratio is used?
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Solution
The following are the
different situations when sacrificing ratio is used.
1. When the existing
partners of a partnership firm agree to change the share of profit
among themselves.
2. When a new partner
is admitted in the partnership firm and the amount of the goodwill
brought by him/her is transferred among the old partners in
sacrificing ratio of the old partners.
The following are the different situations when sacrificing ratio is used.
1. When the existing partners of a partnership firm agree to change the share of profit among themselves.
2. When a new partner is admitted in the partnership firm and the amount of the goodwill brought by him/her is transferred among the old partners in sacrificing ratio of the old partners.
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