Treatment of goodwill

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student
24 Points Posted on 03 June 2016
What we do if we purchase a running business and new partner is admitted in business so what we do with goodwill shown in balance sheet and why
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On 03 June 2016 at 14:49 Report
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Student
292 Points Posted on 03 June 2016

Goodwill is to be divided in new profit sharing ratio as new partner is added in the business

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On 03 June 2016 at 16:26

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