What is meant by change in profit-sharing Post category:Accountancy Reading time:1 mins read SOLUTION A change in profit sharing ratio implies purchase of share of profit by one or more partners from other partner or 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 PostState any three circumstances other than:-(i) admission of a new partner; (ii) retirement of a partner and (iii) death of a partner, when need for valuation of goodwill of a firm may arise. Next PostWhat is Sacrificing Ratio? You Might Also Like Name any two items that can be disclosed under ‘Long-term Borrowings’. September 30, 2022 Give two reasons in favour of having a Partnership Deed. October 7, 2022 What is Working Capital Turnover Ratio? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.