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Question 7 Chapter 4 of Class 12 Part – 1 VK Publication

Question 7 Chapter 4 of Class 12 Part - 1 VK Publication
Question 7 Chapter 4 of Class 12 Part - 1 VK Publication

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Question 7 Chapter 4 of Class 12 Part – 1

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7. Sam and Pam share profits in the ratio of 2:1. Ram is admitted as a new partner and all the partners from then begin to share profits in the ratio 1:2:3. Find out the sacrificing ratio.

The solution of Question 7 Chapter 4 of Class 12 Part – 1: –

Old Ratio of Sam and Pam = 2: 1
Ram is Admitted
New Ratio of Sam, Pam and Ram = 1:2:3
Sacrificing Ratio = Old Ratio – New Ratio

Sam=21
36
 =3
6
Pam=12
36
P’s New Share=0
  6
Sacrificing Share of Sam=3
6

 

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

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Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms

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