On retirement of a partner, goodwill appears in the balance sheet , it will be written-off by debiting the capital accounts of partners.

outgoing

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all

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remaining

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new

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Solution

The correct option is B all
If at the time of retirement of a partner, goodwill appears in the balance sheet of the firm, it will be written-off by debiting the capital accounts of all partners and credting goodwill account.

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Similar questions

If at the time of retirement of a partner, goodwill appears in the balance sheet of the firm, it will be written-off by debiting the capital accounts of ______

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On retirement of a partner, goodwill appears in the balance sheet , it will be written-off by debiting the capital accounts of partners.

The correct option is B allIf at the time of retirement of a partner, goodwill appears in the balance sheet of the firm, it will be written-off by debiting the capital accounts of all partners and credting goodwill account.

The correct option is B all
If at the time of retirement of a partner, goodwill appears in the balance sheet of the firm, it will be written-off by debiting the capital accounts of all partners and credting goodwill account.