πŸ“Š Financial Accounting 2
Q. An incoming partner pays his share of goodwill in cash, and profit sharing ration of old partner is changed, Goodwill be distributed among old partners:
  • (A) as their old profit ratio
  • (B) according to new ration
  • (C) according to sacrifice ratio
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) according to sacrifice ratio

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