Question

Description for hidden goodwill

Answer 1

HEYA #DEAR❤❤❤❤❤

⤵️⤵️⤵️⤵️⤵️❤⤵️⤵️⤵️⤵️⤵️❤



HIDDEN GOODWILL 》》》



Hidden Goodwill is the goodwill which is not

specifically mentioned in the books of accounts which

we have to be calculated when it is needed. For


instance, X and Y are partners with capital of Rs.10000

each, they admitted Z as a partner for 1/4th share in

the profit. Z brings Rs.16,000 as his share of capital.

HØPE IT HELPS U....!!❤❤❤❤❤❤