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Basic query in accounting

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09 October 2013 Please explain.

In a partnership problems related to admission/retirement/death, the term goodwill used,is it a self-generated goodwill?

I will be very much thankful to you.

09 October 2013 Yes. the reference is to self-generated goodwill only.

09 October 2013 Yes,in only includes Self-generated goodwill...




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