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Class 12 Accountancy Partnership Accounts - Basic Concepts GoodwillHard

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If an exam question clearly gives a method for goodwill what should the student do?

Answer and explanation

Correct answer: Calculate by that method

Clear instruction is followed first in accounting questions. Changing the method may make the answer wrong.

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Goodwill Exam-Instruction Method-Selection Partnership Accounts Basic Concepts Accountancy Class 12 Mcq

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