On retirement of a partner, goodwill will be credited to the Capital Account of:

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On retirement of a partner, goodwill will be credited to the Capital Account of:

by Doubtly (98.9k points) in Accountancy asked Jul 21, 2022 292 views

edited Jun 29, 2023

On retirement of a partner, goodwill will be credited to the Capital Account of:

(A) Retiring Partner
(B) Remaining Partners
(C) All Partners
(D) None of the Above

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Doubtly · Answer 1 · 2022-07-21T09:00:10+0000

by Doubtly (98.9k points) answered Jul 21, 2022

edited Jun 29, 2023

(A) Retiring Partner

On retirement of a partner, goodwill will be credited to the Capital Account of:

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