English, asked by marakrichard680, 8 months ago

when a new partner does not bring in his share of goodwill in cash payment of premium is debited to what answer​

Answers

Answered by urfriend55
1

The provisions of the Indian Partnership Act,1932 states that the method in which the new partner does not bring cash for his share of goodwill is the revaluation method. This is stated under the provisions of admission of a new partner.

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