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Question Practice

What is meant by 'sacrificing ratio' among partners?

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

What is meant by 'sacrificing ...

Single Answer MCQ
Q-00082193

What is meant by 'sacrificing ratio' among partners?

1

The ratio in which partners sacrifice their capital

2

The ratio in which profits are distributed

3

The ratio in which existing partners sacrifice their share to the new partner

4

The ratio in which expenses are shared

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

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