🏫 Board📒 Accountancy

In which ratio, the cash brought in for goodwill by the new partner is shared by the existing partners?

Q1

In which ratio, the cash brought in for goodwill by the new partner is shared by the existing partners?

a

Profit sharing ratio

b

Capital ratio

c

Sacrificing ratio

d

Old ratio

🔒
Answer & explanation — PYQ Pass

Options are free to see. Unlock the correct answer and full explanation with Pass.

Unlock · ₹149

Practice more Board Accountancy PYQs

See every question on Reconstitution of a Partnership Firm: Admission of Partner, or browse the full Board question bank.

See all questions on Reconstitution of a Partnership Firm: Admission of Partner →