X and Y shared profits in the ratio of 3: 1. They admit Z to one-third share in the future profits. What will be the new profit-sharing ratio? Post category:Accountancy Reading time:1 mins read SOLUTION 3: 1: 2 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 PostState with reason whether at the time of admission of a partner, partnership is dissolved or partnership firm is dissolved. Next PostA, B and C are partners sharing profits in the ratio of 5: 3: 2. D is admitted for l / 5th share. What will be the new profit-sharing ratio? You Might Also Like What do you mean by Redeemable Preference Shares? September 28, 2022 Distinguish between ‘Fixed Capital Account’ and fluctuating Capital Account’ on the basis of credit balance. September 26, 2022 What is meant by ‘Issue of shares for consideration other than cash’? Give an example. September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Distinguish between ‘Fixed Capital Account’ and fluctuating Capital Account’ on the basis of credit balance. September 26, 2022
What is meant by ‘Issue of shares for consideration other than cash’? Give an example. September 28, 2022
