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Relpy fast pls... What is meant by 'Hidden Goodwill' ?

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Hidden goodwill is the value of goodwill that is not mentioned at the time admission of new partner. If in the question, it is mentioned that the new partner requires to bring his/her share of goodwill, then in this case value of the firm’s goodwill need to be calculated. It is calculated by taking the difference between the capitalised value of the firm and the net worth of the firm. Source: quora
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