12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    In which of the following situation(s) need for valuation of goodwill arises for a partnership firm?

    A) At the time of change in profit sharing ratio

    B) At the time of death/retirement of a partner

    C) At the time of admission of a partner

    D) All of the above

    Correct Answer: D

    Solution :

    [d] All of the above


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