the share of goodwill of retiring partner is adjusted through the capital account of the remaining continuing partner in?
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Explanation:
Retiring partner's share of goodwill is then
ascertained which depends on the share of
profits the retiring partner has been getting. The
retiring partner's capital account is credited with
his share of goodwill and the amount is debited
to the remaining partners' capital accounts in the
ratio of their gain.
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