Admission of a Partner- Calculation Of New profit-sharing ratio Class 12th Part-3 Session 2024-25

Admission of a Partner- Calculation Of New profit-sharing ratio Class 12th Part-3 Session 2024-25 Instagram Link : https://www.instagram.com/manojsharma... 1. R and T are partners in a firm sharing profits in the ratio of 3: 2. S joins the firm. R surrenders 1/4th of his share and T 1/5th of his share in favour of S. (ii) A and B are partners. They admit C for 1/4th share. In future, the ratio between A and B would be 2: 1. 2. Kabir and Farid are partners in a firm sharing profits and losses in the ratio of 7 : 3. Kabir surrenders 2/10th from his share and Farid surrenders 1/10th from his share in favour of Jyoti; the new partner. Calculate new profit-sharing ratio and sacrificing ratio. 3. A, B and C are partners in the ratio of 1/2: 1/3: 1/6. D joins the firm as a new partner for 1/6th share in profits. C would retain his original share. #msacademyaccounts #admissionofpartner #accountancy #accounts