Practicing Success
Practicing Success
CUET Preparation Today
| If the new partner brings his share of goodwill in cash, it will be shared by old partners in which ratio? |
Ratio of Sacrifice Old Profit Sharing Ratio New Profit Sharing Ratio Capital Ratio |
| Ratio of Sacrifice |
| According to provisions of Indian Partnership Act,1932, whenever a new partner brings cash for his share of goodwill and the same is shared by old partners in their sacrificing ratio it is called nothing but the premium method. |
