Understanding Profit Sharing Ratio, Profit & Loss Appropriation, Goodwill in CA CPT, CS & CMA Foundation
What is Profit Sharing Ratio, Learn Partnership Accounts for Free. We have covered Introduction to Partnership, Profit & Loss Appropriation Accounts, Profit Sharing Ratio and Goodwill Calculation. For Details Visit WhatsApp Now: 8692900017 Our other chapters in this series Accounts by Sheela Madam Law by Bharat Sir Micro by Bharat Sir Macro by Jaya Madam Maths by Anand Sir ... ( read more )
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Profit Sharing Ratio: In business partnerships, profit sharing ratio refers to the agreed-upon allocation of profits among the partners. It determines how the profits earned by the partnership are divided between the partners. The ratio is typically established at the time of forming the partnership and can be based on various