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There is no value mentioned of goodwill in the books of accounts, but while
Accountancy
Dissolution of Partnership Firm
Question
Updated
19 Aug 2026
There is no value mentioned of goodwill in the books of accounts, but while dissolution ? 12,000 has been realised towards goodwill. What will be its accounting effect ?
A
Choose Your Answer
A
Credited to Cash/Bank account
B
Credited to Realisation account
C
Credited to Goodwill account
D
No effect
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