Question

Give two circumstances in which adjustment of goodwill is usually

required​

Answer 1

Answer:

Yoooooooooooooooooooooooooo

Answer 2

Answer:

There are various circumstances when it may be necessary to value goodwill. Some of the circumstances are: (1) In the case of a partnership, when there is an admission, retirement, death or amalgamation, or a change in the profit sharing ratio take place, valuation of goodwill becomes necessary.

Explanation:

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