X Y and Z are sharing profits and losses in the ratio of 5 3 2 With effect from 1st April 2019 they ......

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Accountancy ( 12th) Change in Profit Sharing Ratio Among the Existing Partners Add to Study Deck

X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2019, they decide to share profits and losses in the ratio of 5 : 2 : 3. Calculate each partner's gain or sacrifice due to the change in ratio.

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Change in Profit Sharing Ratio Among the Existing Partners

Accountancy ( 12th)

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