Revaluation of Assets and liabilities in partnership accounts
Revaluation of Assets and liabilities in partnership accounts Read More »
CBSE economics board paper 2024 has concluded. Here is the answer key for macro economics part for CBSE economics question paper 2024. Question paper Series No 11-58/1/1 Q No Solution 1 Answer (a). 2 Answer (c) 3 Answer (a) 4 Answer (d) 5 Answer (d) 6 Answer (d) 7 Answer (c) 8 Answer (d) 9
CBSE Economics 2024 Answer Key Read More »
The retiring partner is entitled to his share in firms Goodwill as he has also put in efforts in the formation of firm’s Goodwill. The retiring partner is paid back his share in the assets of the firm. Goodwill is also an asset for the firm. So retiring partner is paid his share from Goodwill
Goodwill Accounting on retirement of a partner Read More »