at the time of change in profit sharng ratio the combined shares of all the partners remains unchanged true - Accountancy - Reconstitution- Change in Existing Profit Sharing Ratio

Question

at the time of change in profit sharng ratio the combined shares of
all the partners remains unchanged true /false

Mohit · Accepted Answer

Dear Student,
It is True that combined share of all the partners
will remain same because mathematically the sum of all the ratio is
1 proportion may vary but total remains same

Regards

at the time of change in profit sharng ratio the combined shares of all the partners remains unchanged. true /false