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Goodwill is recognized in partnership when
Question 1
Report
Goodwill is recognized in partnership when
the business makes a huge profit
the business has adequate bank balance
a partner is dormant
a new partner is admitted
Answer Details
Read lesson note on Partnership Accounts (WAEC)
Read lesson note on Nature And Significance Of Accounting (JAMB)
Partnership Accounts
Nature And Significance Of Accounting
View Answer