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Fill in the Blank 2. Raj …

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Fill in the Blank 2. Raj is admitted in a firm for 1/4th share in the profits for which he brings Rs.30,000 as goodwill. It will be credited to the Old Partners Capital Accounts in their ________________.

    • Posted by Anshul Koundal 6 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Prachi Gupta 6 years, 3 months ago

    In this case Old ratio is the sacrificing ratio

    1Thank You

    Rahul Sehgal 6 years, 3 months ago

    Old ratio

    1Thank You

    Ravi Joshi 6 years, 3 months ago

    Sacrifice ratio

    2Thank You

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