Admission of a Partner Part 2 | Concepts 3 to 7 of New Ratio & Sacrificing Ratio | Class 12 Accounts
๐ CLASS 12TH ACCOUNTS โ Admission of a Partner | Part 2 In this video, we will continue the chapter Admission of a Partner and learn Concepts 3 to 7 of: โ New Ratio โ Sacrificing Ratio โ Important Adjustments & Numerical Concepts โ Exam-Oriented Questions & Tricks This lecture will help students understand the logic behind partnership adjustments in a simple and easy way. ๐โจ ๐ฏ Topics Covered: ๐น Meaning of New Ratio ๐น Calculation of New Profit Sharing Ratio ๐น Different Cases of Ratio Adjustments ๐น Meaning of Sacrificing Ratio ๐น Formula & Calculation of Sacrificing Ratio ๐น Practical Numerical Concepts ๐น Important Exam Tricks & Concepts ๐ About the Concepts: ๐ New Ratio is the new profit-sharing ratio among partners after the admission of a new partner into the firm. It shows how future profits will be distributed. ๐ Sacrificing Ratio represents the share of profit sacrificed by old partners in favour of the new partner at the time of admission. It is very important for goodwill calculations and partnership adjustments. โโโโโโโโโโโโโโโ ๐บ Subscribe to our YouTube Channel: youtube.comโ ๏ฟฝ ๐ธ Follow on Instagram: instagram.comโ ๏ฟฝ โโโโโโโโโโโโโโโ ๐ฅ Donโt forget to: ๐ Like the Video ๐ฌ Comment Your Doubts ๐ Subscribe for More Accounts Lectures ๐ค Share with Friends #AdmissionOfAPartner #NewRatio #SacrificingRatio #Class12Accounts #AccountsClass12 #PartnershipAccounts #CBSEAccounts #CommerceClasses #Accountancy #Class12Commerce #BoardPreparation #AccountsLecture #PartnershipFundamentals #SimplifiedAccounts #GauravChauhan #CommerceStudents #StudyAccounts #CBSEClass12 #AccountingConcepts #AdmissionOfPartner

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