In case of retirement of a partner full good will is credited to the accounts of:
A) all partners
B) only retiring partner
C) only remaining partner
D) none of the above
Correct Answer:
Verified
Q12: A new partner may be admitted to
Q13: At the time of a new partner
Q14: In the revaluation account a decrease in
Q15: In the revaluation account an increase in
Q16: The partnership may come to an end
Q18: Revaluation account is operated to find out
Q19: Partners equity is effected due to:
A)retirement of
Q20: The accounting procedure at the retirement of
Q21: If the remaining partner want to continue
Q22: An account operated to ascertain the loss
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