banner_ad

Profit Allocation in Partnership Firm

233 views 2 replies
User Avatar

Sr. Finance Executive
261 Points Posted on 20 June 2018
If there is change in profit sharing ratio due to retirement of a partner and admission of two new partners on the same date during the financial year then What is the best way to divide the profits between partners?
1 Reply Share Follow
On 20 June 2018 at 06:24 Report
Replies (2)
User Avatar

teaching
2046 Points Posted on 21 June 2018
if profits are uniform over the period, then profits can be apportion on periodic basis.
7 Reply
On 21 June 2018 at 07:28
User Avatar

Sr. Finance Executive
261 Points Posted on 21 June 2018
Thanks Sir but can you please elaborate
1 Reply
On 21 June 2018 at 11:01


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details