English, asked by zahoorahmed01071967, 2 months ago

21. Who gives the share in goodwill to the retiring or deceased partner?

Answers

Answered by muskan146258

Explanation:

to share future profits and losses in the ratio of 3 : 2. Calculate the gaining ratio. The retiring or deceased partner is entitled to his share of goodwill at the time of retirement/death because the goodwill has been earned by the firm with the efforts of all the existing partners.

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