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Topic Sacrificing Ratio

maths-class-xiiTeaching Objectives:
Lesson contents:
(1) Calculation of sacrificing Ratio
(a) Meaning of sacrificing Ratio: Ratio in which old partners sacrifice their share of profit in favour of the new partner. (b) Purpose: The amount of goodwill, brought in cash by new partner must be shared in sacrificing ratio; therefore calculation of sacrificing ratio is must.
(i)Sacrificing Ratio: Old Ratio-New Ratio
(c) Difference between Sacrificing Ratio & New Profit sharing ratio...

Download Lesson Plan: Topic Sacrificing Ratio