State the need for treatment of Goodwill on admission of a partner. Post category:Accountancy Reading time:1 mins read SOLUTION To compensate the old partners for their sacrifice. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostGive the journal entry to distribute General Reserve and Profit and Loss Account balance appearing on the liabilities side of Balance Sheet. Next PostUnder what circumstances premium for goodwill paid by the incoming partner would never be recorded in the books of account? You Might Also Like Kavita and Laxmi run a charitable dispensary. Kavita wants to have a partnership deed. What is your opinion? September 23, 2022 How is Workmen Compensation Reserve shown in the Balance Sheet of a partnership firm, treated at the time of its dissolution? September 27, 2022 Should the bank overdraft be included in current liabilities? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Kavita and Laxmi run a charitable dispensary. Kavita wants to have a partnership deed. What is your opinion? September 23, 2022
How is Workmen Compensation Reserve shown in the Balance Sheet of a partnership firm, treated at the time of its dissolution? September 27, 2022
