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What is sacrificing ratio? Why is it calculated?

+1 vote

asked Mar 17, 2019 in Class 12 by kratos

What is sacrificing ratio? Why is it calculated?

reconstitution of partnership firm
class-12
admission of partner

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1 Answer

+6 votes

answered Feb 3, 2021 by kratos

Best answer

• Sacrifice ratio is the ratio sacrificed by the old partners to the new partner.

• Sacrifice ratio is calculated in order to distribute the goodwill brought in cash by the new partner on account of admission.

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