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Accountancy
Change in PSR
A, B and C are partners sharing profits in the ratio of 3:3:4. They decide to share the future profits equally. The sacrifice or gain of partners are:
Question
A, B and C are partners sharing profits in the ratio of 3:3:4. They decide to share the future profits equally. The sacrifice or gain of partners are:
A.
A gains 1/30; B gains 1/30; C sacrifices 2/30
B.
A gains 2/30; B gains 1/30; C sacrifices 3/30
C.
A sacrifices 1/30; B gains 3/30; C sacrifices 2/30
D.
A gains 2/30; B gains 3/30; C sacrifices 5/30
Solution
Correct option is A
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