Business Studies, asked by shwetapetkar, 5 months ago


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amalgamation goodwill of the firm is​

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Answered by Anonymous
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Explanation:

In the event of amalgamation, the goodwill of each firm is credited to the partners' capitals of the respective firm in their capital ratio. 16) The assets and liabilities not taken over by the new firm are transferred to Partner's Capital Accounts.

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