[NCERT] Q 4 Admission of Partner Solutions Class 12

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Solution of question number 4 Admission of Partner NCERT Accountancy solutions Class 12 CBSE Board.

A, B and C are partners sharing profits in 2 : 2 : 1 ratio admitted D for 1/8 share which he acquired entirely from A. Calculate new profit sharing ratio?

[Ans : 11 : 16 : 8 : 5]

Solution:-

Below are the solutions

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Anurag Pathakk
Anurag Pathakk
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