Home › Bihar Board Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Goodwill › Heavy customer traffic and a central position ra…
Heavy customer traffic and a central position raise goodwill through which factor?
ALocation of the shop
BEfficiency of management
CNature of business
DMarket conditions
Answer & Solution
Correct answer: A. Location of the shop
A centrally placed shop attracts more customers and so earns higher profits, which lifts goodwill.
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