A partner, except the retiring partner also receives goodwill whe… - Vidyadip

MCQ

A partner, except the retiring partner also receives goodwill when$.......$

A
his capital is more.
B
new share in new profit-loss sharing ratio is more than his old share.
✓
new share in new profit-loss sharing ratio is less than his old share.
D
new share and old share are equal.

✓

Answer

Correct option: C.

new share in new profit-loss sharing ratio is less than his old share.

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