Goodwill is shown after valuation when ........

General Accounting Principles Partnership

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Goodwill is shown after valuation when-

A new person is admitted in the firm

At the time of reconstitution of the firm

Retirement or death of the partner

All of the above

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Explanation:

Explanation-
Goodwill is also one of the special aspects of partnership accounts which requires adjustment (also valuation if not specified) at the time of reconstitution of a firm viz., a change in the profit sharing ratio, the admission of a partner or the retirement or death of a partner.