Question

व्हाई शुड ए न्यू पार्टनर कंट्रीब्यूट टुवर्ड्स गुडविल ऑन हिस एडमिशन​

Answer 1

Answer:

Due to admission of a new partner, old partners have to share their part in their value of goodwill created till date. Hence they (old) partners wants contribution from new partner for their compromise in the value of goodwill for new partner. New partner would compensate to old partners in their sacrificing ratio.

Hope u will get this.

Answer 2

Answer:

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