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A,b and c are partners sharing …

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A,b and c are partners sharing profits and losses in the ratio of 5:4:1. Calculate new profit -sharing ratio ,sacrificing ratio and gaining ratio in each of the following cases . Case1. C aquires 1/5th share from A. Case 2. C aquires 1/5th share equally from A and B. Case 3. A,b and c will share future profits and losses equally . Case2. C aquires 1/10th share of A and 1/2 share of b.

Posted by Rukhsana Usmani 6 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Keshav Goyal 6 years, 5 months ago

New PSR =3:4:3,sacrificing share is 1/5,gaining share is also 1/5 in first case

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