At the time of admission of a partner new ratio will be calculated by

MCQ Answer

At the time of admission of a partner, new ratio will be calculated by:

Topic : ACCOUNTING MASTERS IN TALLY ERP9

A. Old Ratio – New Ratio

B. New Ratio – Old Ratio

C. Old Ratio – Sacrifice Ratio

D. Old Ratio + Sacrifice Ratio

Correct Answer is :

C. Old Ratio – Sacrifice Ratio