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  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
    State the ratio in which the partners share all the accumulated profits, reserves, losses & fictitious assets in case of change in profit sharing ratio.

    A) Old Profit Sharing Ratio

    B) New Ratio

    C) Sacrificing Ratio

    D) Only Gain Ratio

    Correct Answer: A

    Solution :

    Old Profit Sharing Ratio


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