Accountancy, asked by patilkomal1063, 8 months ago

when goodwill is withdrawn by the partner .................. account is credited​

Answers

Answered by walt2006disney
5

The account which is credited when goodwill is withdrawn by old partners is cash/bank account. Whenever a new partner joins in the business, he brings an amount which is treated as a 'goodwill' and is mostly withdrawn by the existing partner....

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Answered by soniyarawat054
1

Answer:

when goodwill is withdrawn by the partner cash/ bank account is credited

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