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What is the New Profit sharing Ratio in case of admission of a partner?

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

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

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Anurag Pathak28.36K July 18, 2023 0 Comments

What is the New Profit sharing Ratio in case of admission of a partner?

Anurag Pathak Changed status to publish July 18, 2023

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Anurag Pathak28.36K Posted July 18, 2023 0 Comments

The ratio in which all partners including the incoming partner share future profits and losses is known as the New Profit Sharing Ratio.

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.