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but Raised goodwill we can't show in the new balance sheet. We have to written of it at the same time

    • Posted by Hameer R 6 years, 5 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Lovely Dhawan 6 years, 5 months ago

    Yes..if the goodwill is shown in B/S then u should write off that goodwill to old partners in their old profit sharing ratio E.g partner. A/C. Dr. To goodwill It will written off to all the old partners in tgeir old profit sharing ratio

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