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Why does a new partner bring premium for goodwill on his admission?

Anurag Pathak
July 18, 2023
[ISC] Admission of Partner, [ISC} TS Grewal Solutions, Accountancy Class 12th

712 viewsJuly 18, 2023[ISC] Admission of Partner [ISC} TS Grewal Solutions Accountancy Class 12th

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Anurag Pathak28.36K July 18, 2023 0 Comments

Why does a new partner bring premium for goodwill on his admission?

Anurag Pathak Changed status to publish July 18, 2023

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Anurag Pathak28.36K Posted July 18, 2023 0 Comments

A new partner brings Goodwill into the firm to acquire the right to share future profits of the firm.

Anurag Pathak Changed status to publish July 18, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.