A, B, C and D are partner sharing their profits and losses overall. They changed their profit sharing ratio to 2:1:1:1. How much will a sacrifice.
2 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8545 Points)
Replied 06 May 2021
Sacrificing ration = Old ratio - new ratio
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 06 May 2021
Above formula is correct
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