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Regarding profit sharing ratio in illustration 2

Accountancy

Sir why 3:4:4 is taken as oldv profit sharing ratio. Why we should consider 5:4:3 Video Details ------------- Accounting - CA Foundation (New) Retirement of a Partner #12. Illustration 2 - Part 2

Surya Kiranmayee

CMA Inter

★ 0

18-Mar-24 21:43

119

Answers (1)

In the question the revised profit sharing ratio is given as 3:4:4. So we consider it.

Likith D

Moderator

11-Apr-24 09:25