12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    Goodwill brought by the incoming partner is distributed among the old partners in their:

    A) Old profit sharing ratio

    B) New profit sharing ratio

    C) Sacrificing ratio   

    D) Gaining ratio

    Correct Answer: C

    Solution :

    [c] Sacrificing ratio


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