A firm's revaluation account shows a loss of ₹50,000. Their old profit sharing ratio was 5:3:2 and the new ratio is 2:5:3. Calculate the sacrificing or gaining ratio.

Here's the solution to your accounting problem: Step 1: Calculate the Net Effect of Revaluation. The revaluation involves an increase in the value of Land and a decrease in the value of Stock. Gain from Land = ₹2,50,000 Loss from Stock = ₹3,00,000 Net Revaluation Effect = Gain - Loss = ₹2,50,000 - ₹3,00,000 = -₹50,000 The net effect is a revaluation loss of ₹50,000. Step 2: Determine the Old and New Profit Sharing Ratios. Old Ratio (Ajeet : Vijeet : Sujeet) = 5:3:2 Ajeet's Old Share = (5)/(10) Vijeet's Old Share = (3)/(10) Sujeet's Old Share = (2)/(10) New Ratio (Ajeet : Vijeet : Sujeet) = 2:5:3 Ajeet's New Share = (2)/(10) Vijeet's New Share = (5)/(10) Sujeet's New Share = (3)/(10) Step 3: Calculate the Sacrificing or Gaining Share for each Partner. Sacrificing/Gaining