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Change in Profi...

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  • Question 1
    1 / -0

    Which of the following is responsible for the Reconstitution of Partnership?

  • Question 2
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    What is the meaning of change in the profit sharing ratio:

  • Question 3
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    The circumstances when change in profit sharing ratio is needed:

  • Question 4
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    Any change in the relations of partners without affecting the existing of partnership firm is called ____

  • Question 5
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    The partner whose share has increased as a result of change is called

  • Question 6
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    What is gaining ratio:

  • Question 7
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    How sacrificing ratio is calculated

  • Question 8
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    Who is a sacrificing partner:

  • Question 9
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    What adjustments are required when existing partners decide to change their profit sharing ratio:

  • Question 10
    1 / -0

    What should be the amount of compensation if the partners of the firm decide to change their profit share ratio:

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