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Match the following items: (i) Old Ratio - New Ratio (a) Gaining Ratio (ii) Goodwill (b) Fixed Asset (iii) General Reserve (c) Credit Balance (iv) New Ratio - Old Ratio (d) Sacrificing Ratio

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Question

Match the following items:

(i) Old Ratio - New Ratio (a) Gaining Ratio
(ii) Goodwill (b) Fixed Asset
(iii) General Reserve (c) Credit Balance
(iv) New Ratio - Old Ratio (d) Sacrificing Ratio
Match the Columns
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Solution

(i) Old Ratio - New Ratio (d) Sacrificing Ratio
(ii) Goodwill (b) Fixed Asset
(iii) General Reserve (c) Credit Balance
(iv) New Ratio - Old Ratio (a) Gaining Ratio
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Chapter 2: Change in Profit Sharing Ratio among the Existing Partners - OBJECTIVE TYPE QUESTIONS [Page 2.99]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 2 Change in Profit Sharing Ratio among the Existing Partners
OBJECTIVE TYPE QUESTIONS | Q (D) 4. | Page 2.99
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