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What is hidden goodwill?

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प्रश्न

What is hidden goodwill?

लघु उत्तर
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उत्तर

When the value of the firm’s goodwill is not explicitly provided but needs to be determined based on the firm’s net worth, it is referred to as hidden goodwill. Hidden goodwill is the difference between the required capital of the firm and the actual combined capital of all partners.

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पाठ 3: Admission of a Partner - VERY SHORT ANSWER QUESTIONS (1 Mark) [पृष्ठ ३.१४३]

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डी. के. गोएल Accountancy Part 1 and 2 [English] Class 12 ISC
पाठ 3 Admission of a Partner
VERY SHORT ANSWER QUESTIONS (1 Mark) | Q 19. i. | पृष्ठ ३.१४३
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