CHANGE IN PROFIT SHARING RATIO|CUET|Most Important Question

New Profit Sharing Ratio

New Profit Sharing Ratio

Change In Existing Profit Sharing Ratio

Change In The Profit Sharing Ratio Among The Existing Partners

How will you deal with reserves and and accumulated profits at the time of change in the profit sharing ratio among the existing partners ?

How will you deal with goodwill when there is change in the profit sharing ratio among the existing partner? Illustrate with the help of imaginary figures.