Skip to page content
Change in Profit-Sharing Ratio among Existing Partners
Accountancy · Chapter 2 · Unit 1: Accounting for Partnership Firms
Not started Not started
Your path through this chapter
Visual lesson Beta
- Part 1: Sacrificing and Gaining Ratios, Goodwill19 slides
- Part 2: Revaluation, Reserves and Accumulated Profits18 slides
Flashcards Beta
30 cards for quick recall of key terms and facts.
Review the cards Step 3: Not startedPractice
76 board-style questions with instant checks: Multiple choice 25, Long answer 12, Short answer 11, Numerical 8.
Practise Step 4: Not startedChapter test Free
Short and long chapter tests in board pattern, with results and analysis.
Step 5: Not started- Chapter test (long) — Change in Profit-Sharing Ratio among Existing Partners · 40 marks · 90 min
- Chapter test (short) — Change in Profit-Sharing Ratio among Existing Partners · 20 marks · 40 min
Topics 3
- Sacrificing and gaining ratios
- Treatment of goodwill on change in ratio
- Revaluation of assets, reassessment of liabilities and reserves