At the time of change in profit- sharing ratio, sacrificing ratio is determined so thatA. assets and liabilites are shown at their present value.B. gaaining partner is not put to an advantage and sacrificing partner is not put to disadvantage and vice versa.C. gaining partner can compensate the sacrificing partner for the sacrifice of profit share.D. None of the above.

At the time of change in profit- sharing ratio, sacrificing ratio is d

1.	At the time of change in profit- sharing ratio, sacrificing ratio is determined so thatA. assets and liabilites are shown at their present value.B. gaaining partner is not put to an advantage and sacrificing partner is not put to disadvantage and vice versa.C. gaining partner can compensate the sacrificing partner for the sacrifice of profit share.D. None of the above.
Answer» Correct Answer - c

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