2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank MCQs - Change in Profit-Sharing Ratio Among Existing Partners

  • question_answer
    SK and PK were partners in a firm sharing profits in 3:2 ratio. From 1st April, 2021 they decided to change it to 3:1. The Sacrifice/Gain share of SK__________

    A) Sacrifice 3/20 

    B) Sacrifice 3/10

    C) Gain 3/10

    D) Gain 3/20

    Correct Answer: D

    Solution :

    Gain 3/20


You need to login to perform this action.
You will be redirected in 3 sec spinner