R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R gives 1/4th of his share and S gives 1/5th share to t

The reduced part of the profit-sharing ratio of the old partners is know as Sacrificing Ratio. It is important to determine the sacrificing ratio because of the reason that the...

New Profit-sharing Ratio- 10:6:4:5.

New profit-sharing Ratio -24 : 13 : 5 : 6.

New Profit-sharign Ratio-5 : 3 : 2.

New Profit-sharing Ratio-26 : 19 : 15.

(i) New Profits-sharing Ratio of R, T and S-45: 32 : 23, (ii) New Profit-sharing Ratio of A, B and C-2 : 1 : 1, (iii) New Profit-sharing Ratio of...

Sacrificing Ratio-7 : 3.

When the sacrifice of partners is not given, then sacificing ratio is same as the old ratio So, Sacrificing Ratio of A and B = 2 : 2 or 1...

Goodwill will be shared by M and J equally.

interest payable to A -Rs. A-Rs. `xx`3/5`xx`6/10 `xx`6/12=Rs. 540, interest payable to B-Rs. 30,000`xx`2/5`xx`6/10 =Rs. 360. Hint :- According to the partnership Act 1932 interest @6% p.a payable on the...