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Question Practice

What is the sacrificing ratio?

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 the sacrificing ratio?

Single Answer MCQ
Q-00082111

What is the sacrificing ratio?

1

The ratio in which profits are distributed to new partners

2

The ratio in which old partners give up their shares for the new partner

3

The ratio between the assets and liabilities of the partnership

4

The ratio of initial capital contributions by partners

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Q1.

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What are the different modes of reconstitution of a partnership firm?

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Q3.

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

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Q4.

What rights does a newly admitted partner acquire in a partnership firm?

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