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  3. 12th Class
  4. Accountancy
  5. Change in Profit Sharing Ratio Among Existing Partner

12th Class Accountancy Change in Profit Sharing Ratio Among Existing Partner Question Bank MCQs - Change in Profit-Sharing Ratio Among Existing Partners

  • question_answer
    When a firm calculates its Goodwill by using Average profit method. Super profit method or Capitalisation method, it is known as Self-Generated Goodwill.

    A) True

    B) False

    Correct Answer: A

    Solution :

    True


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