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__________