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RP
Question Practice

In the calculation of sacrificing ratio, what is the primary factor considered?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

In the calculation of sacrific...

Single Answer MCQ
Q-00082131

In the calculation of sacrificing ratio, what is the primary factor considered?

1

Existing profit-sharing ratio

2

Current market value of assets

3

Equal contribution from each partner

4

Total profits of the firm

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When can a new partner be admitted into a partnership firm?

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