CBSECBSE (Arts) Class 12
Question Papers1789
Textbook Solutions11268
Important Solutions2834
Question Bank Solutions14550
Concept Notes & Videos & Videos439
Time Tables18
Syllabus
Advertisement Remove all ads

Why Heirs of a Retiring/Deceased Partner Are Entitled to a Share of Goodwill of the Firm? - Accountancy

Why are heirs of a retiring/deceased partner entitled to a share of goodwill of the firm?

Advertisement Remove all ads

Solution

The heirs of a retiring/deceased partner are entitled to a share of goodwill of the firm as it is the result of the combined efforts of all the partners.

Concept: Retirement Or Death of a Partner - Treatment of Goodwill
  Is there an error in this question or solution?
2013-2014 (March) Delhi Set 1
Q 4
Advertisement Remove all ads

APPEARS IN

2013-2014 (March) Delhi Set 1 (with solutions)
Q 4 | 1 mark
2013-2014 (March) Delhi Set 2 (with solutions)
Q 2 | 1 mark
2013-2014 (March) Delhi Set 3 (with solutions)
Q 2 | 1 mark
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications

My Profile

My Profile [view full profile]
Login
Create free account


      Forgot password?
Course
View in app×