SOLUTION
Sacrificing Ratio is sacrificed share in profit of two or more partners in terms of ratio
Sacrificed profit share of each partner is calculated as follows:
Sacrificed Profit Share = Old Profit Share – New Profit Share
SOLUTION
Sacrificing Ratio is sacrificed share in profit of two or more partners in terms of ratio
Sacrificed profit share of each partner is calculated as follows:
Sacrificed Profit Share = Old Profit Share – New Profit Share