wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is meant by sacrificing ratio?

Open in App
Solution

The ratio in which the old partners have agreed to sacrifice their shares in the profit in favour of a new partner is called the sacrificing ratio.


flag
Suggest Corrections
thumbs-up
8
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Retirement of a Partner- I
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon