12th class Principle of Accounting chapter 8 short question with answers for ICom part 2 Principle of Accounting Chapter 8

Online Short Questions For Chapter 8 "ICOM Part 2 Principles of Accounting Chapter 8 Short Questions Preparation "

Try The Short Questions For ICOM Part 2 Principles of Accounting Chapter 8 Short Questions Preparation

  • Total Questions10

  • Available Sets1

Principles of Accounting - ICOM Part 2 Principles of Accounting Chapter 8 Short Questions Preparation

Question # 1

Define the term Sacrifice Ratio.

  • Ans 1: Sacrifice ratio is calculated on the admission of new member in partnership for distribution of goodwill among the old partner,if goodwill bring is in cah by new partner.
    It is calculated with help of following equation
    Sacrifice ratio=old share -new share.
Submit

Prepare Complete Set Wise Questions For Chapter 8 "ICOM Part 2 Principles of Accounting Chapter 8 Short Questions Preparation "

ICOM Part 2 Principles of Accounting Chapter 8 Short Questions Preparation - Set 1

Question # 1

Define the term Sacrifice Ratio.

  • Ans 1: Sacrifice ratio is calculated on the admission of new member in partnership for distribution of goodwill among the old partner,if goodwill bring is in cah by new partner.
    It is calculated with help of following equation
    Sacrifice ratio=old share -new share.
Submit

12th Principles of Accounting Chapter 8 Test

Here you can prepare 12th Class Principles of Accounting Chapter 8 Accounts from Incomplete Records Test. Click the button for 100% free full practice test.

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