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CBSE Notes 2011-2012 » XII-Accounts

Distribution of Profits

Who should compensate to whom in case of a change in profit sharing ratio of existing partners?

Short answer question

Who should compensate to whom in case of a change in profit sharing ratio of existing partners?

What is meant by change in profit sharing ratio ?

Short answer question

What is meant by change in profit sharing ratio ?

What is meant by sacrificing partner ?

Short answer question

What is meant by sacrificing partner ?

Give two circumstances in which sacrificing ratio may be applied.

Short answer question

Give two circumstances in which sacrificing ratio may be applied.

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