English

Select the Most Appropriate Answer from the Alternative Given Below and Rewrite the Sentence. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

Select the most appropriate answer from the alternative given below and rewrite the sentence.

The proportion in which old partners make a sacrifice is called _________________ ratio.

Options

  • Capital

  • gaining

  • sacrifice

  • new

MCQ
Advertisements

Solution

The proportion in which old partners make a sacrifice is called sacrifice ratio.

Explanation: The proportion in which old partners make a sacrifice is called sacrifice ratio. It is the amount that is foregone by all the old partners equally or by some of the partners in the agreed share.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Reconstitution of Partnership (Admission of Partner) - Exercise 3 [Page 107]

APPEARS IN

Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Reconstitution of Partnership (Admission of Partner)
Exercise 3 | Q 4 | Page 107
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×