A and B are partners in a firm sharing profits in the ratio of 3 : 2 . They decided to share profits in the ratio of 3 : 4 w.e.f., April 1, 2016. On that date there was journal entry assuming that partners decide to distribute the profits.

A, B and C are partners in a firm sharing profits in the tatio of 3:4:1. They decided to share profits equally w.e.f. 1st April, 2019. On that date the profit and Loss Accoutn showed the credint balance of Rs 96,000. Instead of closing the Profit and Loss Account, it was decided to record an adjustment entry reflecting the change in profit sharing ratio. In the journal entry :

A, B and C were partners in a firm sharing profits in 4:3:2 ratio. They decided to share future profits in 4:3:1 ratio. Scarificing ratio and gaining ratio will be :

A and B are partners sharing profits in the ratio of 3:1. They admit C for 1/4 share in the future profits. The new profit sharing ratio will be:

A, B and C were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. The partners decide to share future profits and losses in the ratio of 2 : 2 : 1. Indicate each partner's gain or sacrifice due to change in ratio.

A, B and C are the partner sharing profits in the ratio 3 : 2 : 1 , C retires . What will be the new profit - sharing ratio?