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Give two circumstances in which Sacrificing Ratio may be applied.

Anurag Pathak
July 18, 2023
[ISC] Admission of Partner, [ISC} TS Grewal Solutions, Accountancy Class 12th

2.17K viewsJuly 18, 2023[ISC] Admission of Partner [ISC} TS Grewal Solutions Accountancy Class 12th

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Anurag Pathak30.76K July 18, 2023 0 Comments

Give two circumstances in which Sacrificing Ratio may be applied.

Anurag Pathak Changed status to publish July 18, 2023

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Anurag Pathak30.76K Posted July 18, 2023 0 Comments

(i) For distributing goodwill brought in by the new partner.

(ii) For adjusting goodwill in case of change in the profit sharing ratio of the existing partners.

Anurag Pathak Changed status to publish July 18, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.