Principles of Accounting: Goodwill upon death or retirement of a partner
ZIMSEC O Level Principles of Accounting: Accounting for Partnerships: Goodwill and Partnership businesses: When a partner dies/retires
- Death is an inevitable part of life
- Sometimes a partner might die
- Also in other instances a partner might choose to leave the business i.e. retire
- In all the cases above the affected partner ends up leaving the business
- Technically speaking this […]
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