IndigoLearn

Forums

Sacrificing ratio or profit sharing ratio.

1)How do we know we need to use sacrificing ratio or profit sharing ratio for sharing Goodwill. 2)In some questions sacrificing ratio is used and in some questions profit sharing ratio is used for sharing Goodwill.

Attachments

5eeb7b8b-2bc6-4ae8-bd52-eaddf928df44.jpg


G Aldrin

G Aldrin

CA Inter

11K+

27-Oct-20

53

Answers (2)

There are two approaches One - Credit in old profit sharing and debit in new profit sharing second - directly use sacrifice ratio Final impact will be the same.


Suraj Lakhotia

Suraj Lakhotia

Admin

27-Oct-20

Thank You Sir.


Thread Starter

G Aldrin

G Aldrin

CA Inter

11K+

30-Oct-20

All the Best
Flash Sale Byte size
Past_Exams
EMI
Tally + Excel Free
Inter Testimonials
Testimonials CA Foundation July 21
Refer
Quote
Excel Launch
Study Planner
Fundamentals of Blockchain
Financial Modelling