Explain why the assets of a partnership are usually revalued
before the admission of a new partner or the retirement of
an existing partner
Answer / ullas patil kulkarni
Beacause the value of GOODWILL will defer, so the
partnership usually revalue its assets, to take an new
amount of goodwill from the new partner and to give shrae
of goodwill to the retiring partner.
Is This Answer Correct ? | 6 Yes | 1 No |
what is the meaning of derivative.
25 Answers Capital IQ, PAD, UBS, Unicon,
Expand ------FRL
Expand ________BSF
What is TDS & why it is deducted?
what is capital market?
what is the Definition of reconciliation? / define reconciliation?
Expand P A N
Dividend per share?
describe the most complex challenge that you have faced and how you managed it
Earning made by a business organisation outside the main operations are called----------------
what is cost of goods sold?
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....