What is meant by Sacrificing Partners? Post category:Accountancy Reading time:1 mins read SOLUTION The partners whose shares have decreased as a result of change in profit-sharing ratio are called ‘Sacrificing Partners’. Please Share This Share this content Opens in a new window X Opens in a new window Facebook 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 PostWhat is the formula for calculating sacrificing ratio? Next PostGive two circumstances in which sacrificing ratio may be applied. You Might Also Like What is Return on Investment Ratio? October 3, 2022 Dev withdrew Rs. 10,000 on 15th day of every month. Interest on drawings was to be charged @ 12% per annum. Calculate interest on Dev’s drawings. (C.B.S.E. 2019) October 7, 2022 Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were Rs. 1,40,000; Rs. 84,000 and Rs. 1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same. July 21, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Dev withdrew Rs. 10,000 on 15th day of every month. Interest on drawings was to be charged @ 12% per annum. Calculate interest on Dev’s drawings. (C.B.S.E. 2019) October 7, 2022
Reya, Mona and Nisha shared profits in the ratio of 3 : 2 : 1. The profits for the last three year were Rs. 1,40,000; Rs. 84,000 and Rs. 1,06,000 respectively. These profits were by mistake shared equally for all the give necessary Journal entry for the same. July 21, 2022