Accountancy, asked by sangand0rana, 1 year ago

1 what is hidden goodwill2 what is escrow account

Answers

Answered by choky72
0
1) when the goodwill value is not given in the question asked it is calculated on the basis of total capital and profit sharing ratios
X and Y are the partners with the total capital of rs10,000/- each
2) an escrow account is an account held by the third person which is as a temporary pass used during the process of transaction between two parties

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