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Commerce · Q544

Accounting

Graduate and Post Graduate · Commerce · question 544

Q544

On dissolution of a firm, if goodwill does not appear in the Balance Sheet of the firm, it is

A.
calculated
B.
not calculated
Answer
C.
calculated and credited to Realisation a/c
D.
calculated and directly credited to capital accounts of partners

Answer: Option B

Solution

Answer: Option B
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