Sacrificing ratio is used to distribute ------------------ in case of admission of a partner.
A. Goodwill
B. Revaluation Profit or Loss
C. Profit and Loss Account (Credit Balance)
D. Both b and c
Answer:A
Sacrificing ratio is used to distribute ------------------ in case of admission of a partner.
A. Goodwill B. Revaluation Profit or Loss C. Profit and Loss Account (Credit Balance) D. Both b and c