What is hidden goodwill ???
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hidden goodwill is the axcess of desired total capital of the firm over the actual combined capital of all partners
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Hidden Goodwill is meant to denote the particular goodwill value that is not specified at a certain point of time when there is an admission of the new partner. In case the new partner is asked to bring in their share of the goodwill, then the calculation will be made for the goodwill of the firm.
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