Question

write any 2 circumstances in which goodwill is valued.​

Answer 1

Answer:

published from bihar ok thanks

Answer 2

Explanation:

There are various circumstances when it may be necessary to value goodwill. Some of the circumstances are: (1) In the case of a partnership, when there is an admission, retirement, death or amalgamation, or a change in the profit sharing ratio take place, valuation of goodwill becomes necessary.