What is meant by New Profit-sharing Ratio in case of admission of a partner? Post category:Accountancy Reading time:1 mins read SOLUTION The ratio in which all partners, including the incoming partner, will share the profits and losses in future is known as New Profit-sharing Ratio. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostAt the time of admission of a new partner in the firm, the new partner compensates the old partners for their loss of share in the Super Profits of the firm for which he brings in an additional amount which is known as__. (CBSE 2020) Next PostHow is Sacrificing Ratio calculated? You Might Also Like In case Operating Cycle cannot be determined, what is the time period of operating cycle assumed? September 30, 2022 Calculate Total Assets to Debt Ratio from the following information: Long-term Debts Rs. 4,00,000; total Assets Rs. 7,70,000. August 12, 2022 What is meant by “Hidden Goodwill”? (C.B.S.E. 2017, Comptt.) September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
In case Operating Cycle cannot be determined, what is the time period of operating cycle assumed? September 30, 2022
Calculate Total Assets to Debt Ratio from the following information: Long-term Debts Rs. 4,00,000; total Assets Rs. 7,70,000. August 12, 2022