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  • Partnership and Not-for-Profit Accounting
  • Goodwill can be brought by a new partner in
Multiple choice

Goodwill can be brought by a new partner in

  1. cash

  2. kind

  3. Both cash and kind

  4. None of above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Goodwill can be brought both in the form of cash and kind ( in the form of assets)

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