Accountancy, asked by syedhameedkhundmiri, 11 months ago

goodwill brought in cash by a new partner is distributed among old partner in their sacrifice ratio state is it true or false​

Answers

Answered by Anonymous
10

hey mate here is your answer:

its false , goodwill brought in cash by a new partner is distributed among old partners in their old ratio .

thank you

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Answered by aaandyprlansh2004
1

Answer:

true

Explanation:

Goodwill brought by new partner by cash is distributed in their sacrifing ratio

Firms goodwill which is there on the balance sheet is distibutrd in the old profit sharing ratio

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