Govind, Hari and Pratap are partners. On the retirement of Govind, the goodwill already appears...
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Accounting
Govind, Hari and Pratap are partners. On the retirement of Govind, the goodwill already appears in the balance sheet at Rs. 24,000. The goodwill will be written off by A. Debiting all partner's capital accounts in their old profit-sharing ratio B. Debiting remaining partner's capital accounts in their new profit-sharing ratio C. Debiting retiring partner's capital accounts from his share of goodwill D. None of the above
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