What is goodwill? And whats its nature and method.
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Goodwill is nothing but the reputation of a partnership firm. It is computed on the basis of expected profits in excess of normal profits. It denotes the firm's capacity to earn a greater profit in the future based on its track record....
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Goodwill is nothing but the reputation of a partnership firm. It is computed on the basis of expected profits in excess of normal profits. It denotes the firm's capacity to earn a greater profit in the future based on its track record.
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