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प्रश्न
State Whether the following Statement is True or False:
Goodwill is given to the retiring partner in capital ratio.
चूक किंवा बरोबर
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उत्तर
The statement is false.
Explanation:
Goodwill is given to the retiring partner based on his share of goodwill, and the compensation is borne by the continuing partners in their gaining ratio, not the capital ratio.
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