Home » Accounts (Principles of Accounts) » Goodwill is taken into account in partnership whenGoodwill is taken into account in partnership when Goodwill is taken into account in partnership when A. the business has good customer relations B. the business is making huge profit C. a new partner is admitted D. a parner becomes dormant Correct Answer: Option C Explanation Related Posts The part of equity which is payable on winding up is called? Use the following to answer the given question (begin{array}{c|c} & N \ hline sales &… Partner’s interest on capital is shown in the Head office sends goods to its branch at cost plus mark-up of of 25%. A… Which of the following is not a data processing method? Give: 1. Ascertainment of the particulars of the proposed company II. Preparation of the incorporation…
Give: 1. Ascertainment of the particulars of the proposed company II. Preparation of the incorporation…
