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The goodwill share of a deceased partner is considered with reference to which date?

Answer and explanation

Correct answer: Date of death or date given in agreement

Goodwill entitlement is linked with partnership up to death. Therefore follow the date given in the question or agreement.

Related tags

GoodwillDeathDateGoodwill SettlementReconstitution Retirement Or Death Of A PartnerAccountancyClass 12 Mcq

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