Change in Profi...

How sacrificing ratio is calculated

X, Y and Z are partners sharing profits in the ratio of 8/14; 4/14 and 2/14. Profit and Loss account shows a loss of Rs.2,800. Now partners have decided to share future profits in the ratio of 4:2:2. Who is the gainer and with what amount?

The circumstances when change in profit sharing ratio is needed:

Which of the following is not transferred to partners capital account?

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

Why do existing partners change their profit sharing ratio:

The significance of calculating sacrificing ratio:

A, B and C are sharing profits and losses in the ratio 10:6:4 with effect from 01/04/2013 they decide to share profit and losses equally. Which partner has to sacrifice

X, Y and Z are sharing profits in the ratio of 50%; 40% and 10% respectively. Now, they have decided to share future profits equally. Identify the gainer partner.