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Govind, Hari and Pratap are partners. On retirement of Govind, Goodwill
English
Reconstitution of Partnership Firm: Retirement / Death of a Partner
Question
Updated
19 Aug 2026
Govind, Hari and Pratap are partners. On retirement of Govind, Goodwill account appears in the books of the firm worth Rs. 24,000. Goodwill will be writen off by:
A
Choose Your Answer
A
Crediting all partner’s capital account in old ratio
B
Crediting remaining partner’s capital account in new ratio
C
Crediting retiring partner’s capital account with his share
D
None of these
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