Accountancy, asked by hatimff786, 6 months ago

Hidden Goodwill arises when total capital is computed based on the

New Partner’s Capital is less than total capitals of remaining partners after

all adjustments. True/False

Answers

Answered by viditu356
1

Answer:

true

total capital = capital of new partner × reciprocal of his share

less :- old capital ( old partners capital + new partner capital)

= goodwill

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