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प्रश्न
State Whether the following Statement is True or False:
If the incoming partner brings the amount of goodwill in cash then the same is distributed among the old partners in their new profit sharing ratio.
सत्य या असत्य
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उत्तर
The statement is false.
Explanation:
- The premium for goodwill brought in cash by an incoming partner is distributed among the old partners in their Sacrificing Ratio, not their new profit-sharing ratio.
- This amount serves as personal compensation to the existing partners who are giving up a portion of their future profit share in favour of the new partner.
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