Commerce Exam  >  Commerce Questions  >  What is the need for valuation of goodwill? Start Learning for Free
What is the need for valuation of goodwill?
Most Upvoted Answer
What is the need for valuation of goodwill?
Valuation of goodwill required whenever the mutual rights of partners change. It is required in the following cases:
1. Change in the profit sharing ratio among the existing partners
2. AAdmission of a new partner
3. Retirement of a new Partner
4. Death of a Partner
5. Sale of Partnership firm.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

What is the need for valuation of goodwill?
Question Description
What is the need for valuation of goodwill? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the need for valuation of goodwill? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the need for valuation of goodwill?.
Solutions for What is the need for valuation of goodwill? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of What is the need for valuation of goodwill? defined & explained in the simplest way possible. Besides giving the explanation of What is the need for valuation of goodwill?, a detailed solution for What is the need for valuation of goodwill? has been provided alongside types of What is the need for valuation of goodwill? theory, EduRev gives you an ample number of questions to practice What is the need for valuation of goodwill? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev