Give two circumstances in which the sacrificing ratio is applied.
(i) At the time of admission of a new partner for distributing goodwill brought in by him.
(ii) For adjusting goodwill in the case of change in the porfit-sharing ratio of the existing partners.


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(i) At the time of admission of a new partner for distributing goodwill brought in by him.
(ii) For adjusting goodwill in the case of change in the porfit-sharing ratio of the existing partners.

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