Accountancy, asked by vishalunde124, 3 months ago

1. A deceased partner is not entitled to Goodwill of the firm​

Answers

Answered by sumayyanisar1234
1

Answer:

This statement is False. A deceased partner's contribution was there in the development of business and goodwill is the value of the business in terms of money. Hence, a deceased partner is entitled to receive the goodwill of the firm.

Similar questions