what is hidden Goodwill
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Hidden goodwill is the excess of desired total capital of the firm over the actual combined capital of all partner. Following is the accounting treatment of Hidden Goodwill: Value of Hidden Goodwill =Capitalised value of firm -Net worth.
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Hidden good will means the value of good will that is not specified at the time of admission of a partner. In other words , we said that hidden good will is the inferred good will.
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