Give two circumstances in which Sacrificing Ratio may be applied.
Give two circumstances in which Sacrificing Ratio may be applied.
Anurag Pathak Changed status to publish July 18, 2023
(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