CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Byju's Answer
Standard XII
Accountancy
New Profit Sharing Ratio
What is meant...
Question

What is meant by "Sacrificing Ratio"?

Open in App
Solution

Sacrificing Ratio is the ratio in which the old partners have agreed to sacrifice their share of profits for the new incoming partner.
Sacrificing Ratio = Old Ratio - New Ratio

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Goodwill
ACCOUNTANCY
Watch in App
explore_more_icon
Explore more
New Profit Sharing Ratio
Standard XII Accountancy
Join BYJU'S Learning Program
book_image
Solve
book_image
Textbooks
book_image
Question Papers
book_image
Install app
CrossIcon