Admission Of Partner
Telangana Open School (TOSS) · Class 12 · Accountancy
All formulas from Admission Of Partner in Telangana Open School (TOSS) Class 12 Accountancy. Key equations, constants, and identities for board exam preparation.
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Formulas
New Profit Sharing Ratio & Sacrificing Ratio
Sacrificing Ratio = Old Ratio - New Ratio
New Share = Old Share × Remaining Profit Share
Goodwill: Meaning and Valuation
Goodwill = Average Profit × Number of Years Purchase
Super Profit = Actual Profit - Normal Profit
Goodwill = Super Profit × Number of Years Purchase
Capitalised Value = Average Profit × 100 / Normal Rate of Return
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